They may use the next CN repayments to buy the options? They may also be keeping the buyback on hold because perhaps they were expecting Purcell to sell into the first round which I don’t think he did otherwise there should have been a notice ?
MEL Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)