MCR mincor resources nl
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buy back frustration

  1. blao
    1,185 Posts.
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    19/08/11
    11:08
    Post #: 8844807
    I tried to work out why MCR did not buy any share last 7 trading days when SP are not very pretty

    All my assumptions are wrong.

    My last assumption - THE BOARD WISH SHARE PRICE TO BE CRASHED BEFORE SHARE WILL BE BOUGHT BACK.

    If that is correct, then buy back policy is only used to cover the board stupid policy who are responsible for SP down $1.00 for the last 6 months.

    We are not responsible for share price down, but the board is.
    MCR Price at posting: 84.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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