The proposed buy back by GRF is approx $9 million
For CHN approx $4 million.
But for OXX its only $900,000. It so small, its sole reason is to manipulate the sp from falling to realistic levels just before a merger.
Anyway the buy back wont proceed. They have been caught out and wont take the risk.
Ann: Announcement of buy-back - Appendix 3C , page-22
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