Hi IJ
Just how serious management are about buying back 75 million shares (or even close) will only be able to be gauged many months down the track. If they remain the only substantial buyer then whoever they have tasked to buy the shares will im sure enjoy the games of pump (active buying) and dump (actively not buying) to accumulate the shares as cheaply as they have been mandated.
At least their buying signals an almost absolute base from here moving forward and lets face it: whatever shares they buy back under the scheme are a solid investment on all SH's behalf.
AGM only 3 weeks away!
GLTAH
Ann: Daily share buy-back notice - Appendix 3E, page-3
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Last
78.0¢ |
Change
0.025(3.31%) |
Mkt cap ! $149.2M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 78.0¢ | 74.5¢ | $14.06K | 18.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4234 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 9139 | 1 |
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| BRL (ASX) Chart |