"Most would view that standing in the market to buy 59,830 of...

  1. 46,902 Posts.
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    "Most would view that standing in the market to buy 59,830 of the 214,008 traded yesterday was a price support"

    Incorrect again Zedman unlike directors buying or selling on market with information that is price sensitive and may benefit them in front of all other shareholders.

    A company buyback benefits all shareholders equally be reducing the number of shares on issue. Most then would view buying stock at $3.50 ( or below ) cancelling those shares then re issuing them at $4 ( or above ) as simply " good business "

    Hoot
 
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