IPM incremental petroleum limited

share buyback

  1. xx_jimbo_xx
    454 Posts.
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    16/10/08
    16:39
    Post #: 4397395

    It would seem to me that the COE offer might be an annoyance with the share buyback.

    If IPM start buying shares then they indirectly increase COE's % of the company when they are cancelled.

    Pity, now is possibly the best time for IPM to start buying shares back on market at these prices. I wonder if the directors are thinking about this?
    IPM Price at posting: 79.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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