buyback today?, page-14

"CDU issued stock at $3.80 and are now using that money to buy back shares so it makes no sense to me. "

Slats ! I think it goes something like this - Uncle Hoots has a car yard and retails a car out the door for $10k, the punter looses his job and takes it back to Uncle Hoots who writes him a Cheque for $8k.

Next Day Uncle Hoots retails it out the door to a new punter for $10k and pockets the 2 grand profit . Pretty simple really ! LOL



You Know it Makes Sense !