Hi Myusan
buybacks usually have a range , outlined on appendix 3c they lodge. same document showed buyback up to 6m units. up to 5.9m still available to buy.
nov trading update had already indicated that things had turned a bit sour. unlikely a december will make a big difference, as for example sunbeam business would need to have retail orders well and truly placed and delivered by late november ( in the main ) .
supercheap got smashed today as sales were below expectations. interesting to see how other retailers fare.
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- citi downgraded gud to sell with tp=$4.60
citi downgraded gud to sell with tp=$4.60, page-17
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