Sammyjh was your comment in reply to my post? Because it was nearly two hours later, 3 posts later and without even a reference to who you were replying to!
Apologies if my inference is incorrect, but I cannot figure out who else you could be replying to.
So to yourself if you were replying to me or anyone else who thinks differently, it is not difficult to realise the buyback was helping to drive up the share price.
I have commented on such before the drop, as have many others, but I shouldn't have to defend this, it's extremely obvious.
Therefore simple logic dictates absence, slowing or end of buyback results in lowering of shareprice.
I had considered posting advising them to slow down the end of the buyback as much as neccessary unless there was the possibility of a second buyback until Marampa or other significant news but I didn't, because I posted on the advocacy of a second buyback instead, communicating to Mr Sage as such.
It is not difficult to work out it would have been better to take your time with the end of the buyback and not rush it. People don't think 16M in one day helped push up the SP? It is not difficult to work out the buyback was inflating or sustaining the SP, and therefore it is not difficult to work out absence or less aggressive buyback would result in lowered share price.
I am sick of wasting time explaining the painfully obvious.
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