9Dragons, I must be missing stuff here, but why would people sell their shares to an on-market buyback if down the track they would get 35c down the track?
Also, the problem is the exchange rate. so capping @ AUD1.05c means that the higher the AUD goes, the lower the AMU price goes (same with the RDF takeover, as I've mentioned in the AMU threads- check out the RDF price now on the HC graph- shocker). Eden needs to rearrange the currency factor, and drop it as a defeating condition.
AMU Price at posting:
26.5¢ Sentiment: None Disclosure: Not Held