Good Evening Viewers.
I thought I would sit back on the sidelines and
"laugh" at all the too-ing & fro-ing re. the buy back.
Oh well here I go with my turn....
Let me quote from an authority that no one knows better
than "CORNWALL" herself...
" Yes , IMO the NIP SP should increase significantly over the coming months , possibly by a greater percentage than its parent CFE . The basic laws of demand and supply should boost it with a tightly held register and not too many willing sellers around ".
I hope this sounds familiar, Cornwall, because, yes virginia, it really was You !
Forum: ASX -
Code: NIP - NIPLATS AUSTRALIA LIMITED
Post: 5706828
Posted: 11/09/10 18:52 Stock Price (at time of posting): 38.5c Sentiment: LT Buy Disclosure: Stock Held
Now, to emphasize what You said, yourself, Cornwall.
CFE buy back shares. i.e. reduce the number (SUPPLY) of 40 cent shares...(41c..42c..53c..68c.. etc). They, CFE,(and us !) then create a DEMAND for these shares, positive announcements, great articles on hot copper, word of mouth telling the terrific CFE story to co workers / business contacts etc etc. Hey presto, less supply plus more demand and wham bham thankyou ma'am, up goes the CFE share price.
Up Up and AWAY !
Thanks For Your Time.
PJN
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