IOH
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0.00% 70.0¢ iron ore holdings limited

Ann: Cancellation of Shares under Buyback , page-4

  1. SuperWealthy
    7,132 Posts.
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    27/04/12
    20:29
    Post #: 10100020
    Seems odd. No buyback notice for 6 trading days & now a notice cancelling everything bought so far.

    No news... And no formal notice of the buyback being stopped.

    It's possible someone from IOH put the brakes on the buyback after Fosters purchased over 400K shares in one day (the last day we had a buyback notice) to regain control of it before they blew the entire wad.
    IOH Price at posting: $1.35 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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