re: Ann: Daily share buy-back notice - Append... mngt is fighting off the down-sellers. and at same time condensing value of the shares thru buy back. that the share price has not increased over this buy back indicates to me some sort of outside downward pressure on SP. why aren't down-sellers off-loading everything all at once when they know they can get 10c. seems possible they want to maintain 10c for as long as possible, but eventually the SP will crack.. upwards.
just means there will be much more zing and bounce when the down-selling/buy-back stops. a positive announcement and more liquidity will be the catalyst.
Ann: Daily share buy-back notice - Appendix 3E , page-3
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| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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