CMG 0.00% 16.0¢ critical minerals group limited

SP PLUNGE, page-7

  1. 163 Posts.
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    What ever happened to the share buy back?

    Surely CMG would have to announce to the ASX when & how many shares they have bought & cancelled?

    There was meant to be 5% buy back with the shares cancelled between 2 Sep 2014 & 1 Sep 2015.

    From as far as I can tell so far only the buy back broker has been appointed. Is this correct?

    "Share Buy Back
    Chandler Macleod has separately announced a share buy-back program aimed at
    purchasing up to 5% of the company’s issued capital over the remainder of this financial
    year. At the current share price the estimated cost of this program would be less than​
    $9 million." from page 3 of http://www.chandlermacleod.com/medi...asx results announcement full year fy2014.pdf


    19 Aug 2014 appointed a share buy back broker
    http://www.asx.com.au/asxpdf/20140919/pdf/42s9xqw35z3lmn.pdf
 
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