Ann: ASIC Form 484 Cancellation of on-market buy-back shares, page-4

Yep theoretically all shares on the market are worth more now because less slices of the pie out there ,, and they had to pay less people dividends and also they now own a higher percentage of their company . I think it's quite a good move on all fronts but some people would argue that they should be investing , but obviously they are waiting for the right but that suits their company diversification. They got blocked by accc on their last takeover bid because they would have had to much market share and no competitors.. they will buy something when the time is right.they are not reckless which is the reason they are doing so well .