Great move. This basically confirms that management think their own shares are worth investing in and I expect they intend on making a healthy profit on them. Like I said, at the end of the day it will be Dividend yield and PE ratio that will continue to see CSM moving forward. Funds HAVE to spend their money and they are increasingly looking to the companies that will provide the best return. CSM has to be right up at the top of the list.
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CSM
cosmo gold limited
share buyback, page-2
Currently unlisted. Proposed listing date: TBA
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