Ann: Announcement of buy-back - Appendix 3C-ORL.AX, page-10

Agree that there could be a multitude of reasons for them to not be buying back shares but then why on earth give the expectation they would?
Maybe it's just incase we get pushed down near that $2.00 mark like last time for no reason leading up to the results.
Personally I would like to see them buyback some before raising dividends, however either of those options are sounding appealing now that I'm writing them down