share buy back announced, page-27

guys you are clearly missing the point of the excercise.

It is to get the SP up. Look at the timing - perfect giveaway. Weeks after the Placement. (Who else would do that?).

Begins 4 weeks out from the AGM. They fear discontent. Perhaps even competition/no vote for the directors up for re-eln.

Conjecture only but it may be that the 342k gradualy driving the bid down is for the opposite purpose.