again buying back shares?, page-73

  1. 30,924 Posts.
    lightbulb Created with Sketch. 174
    SSkim, following on from yesterday's comments, yes, the price IS stable - because CDU bought 56% of the shares traded yesterday.

    Sure, we can't tell how far south the sp would have gone if the company hadn't bought, as we don't know how eager the sellers were to dispose of their stock - but it would surely have been several cents lower plus an even bigger overhang on the sell side than there is atm.
 
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