re: Ann: Daily share buy-back notice - Append... how long it will take to reach 70c is anyone's guess.
JMS didn't announce any particular price intentions, but the presumption must be that they would like the price higher.
todate they appear to have been active only every other day, and to have picked up shares at the lower end of the price range.
at this stage the buying doesn't appear aggressive, i.e. trying to drive the price up, but "supportive", i.e. putting a floor under the price by buying up some of the shares being offered into the market.
however I would expect these tactics to change.
Ann: Daily share buy-back notice - Appendix 3E , page-5
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $323.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $151.2K | 911.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1287242 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 850887 | 11 |
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