BGT 0.00% 4.5¢ bio-gene technology ltd

Ann: Appendix 3B - Release of Shares from Escrow, page-12

  1. 7,499 Posts.
    lightbulb Created with Sketch. 379
    A share buy back to clean out all the small flippers hey the options well into the money and they get money back in

    I thought you might like that one

    Just a thought

    They are running a tight ship still loads of cash $6 mil for well into the future

    Also it signals to the market the company thinks it’s very cheap and attractive below ipo price
 
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