This is another thunderilly OBVIOUS on Peter Cook’s great achievements over and above Peter's nobel price winning performance for refusing the $100M + legal costs offer but instead settle for $20M without costs and then blaming Peter Molloy for launching the legal suit.
What did Peter Cook achieved for shareholders since relaunching the share buyback? From 28 Aug to 3 October Peter Cook blew $4,841,072 buying back 6,470,653 shares. In the attempt to shore up the share price, the shares buybacks were bought in unprecedented amount making up as much as 93% of daily turnover! (FACT: Date/Vol bought/Turnover, % bought) : 9Sep/356473/510194/70%; 10Sept/361958/438488/83%; 11Sep/237303/277164/86%; 12Sep/222302/270760/82%; 15Sep/314175/339177/93%
Which reputable company bought back as much as 93% of its share turnover in a day? How much has Peter Cook adventures in the share market costs shareholders?
At the closing sp today, 6 Oct 2006; the 6,470,653 shares bought back is priced by the market at $3,882,391 for which Peter Cook PAID $4,841,072 = a loss of $958,681.
This is another Peter Cook Classic worth cheering with 976,300 FREE OPTIONS?
BTA Price at posting:
62.0¢ Sentiment: Sell Disclosure: Not Held
