Well 20M in 1 year is around 380k per week to purchase
If they anticipate the IPP license early next year though, the company's ability to buy stock under cash backing quickly diminishes and thus the effectiveness of the buy back - i.e if they think the license is coming soon, they may ramp up their buying to take advantage of the arbitrage whilst it lasts
This should be 5-6c now buy back is in swing
LMR Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
