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re: Ann: Daily share buy-back notice - Append... what kind of...

  1. blao
    1,185 Posts.
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    20/03/12
    14:00
    Post #: 9865956
    re: Ann: Daily share buy-back notice - Append... what kind of policy?

    more than 500K shares was sold each day for the last few days. I thought that those people asked MCR to buy them but MCR refused. That is why they are playing games at closing each day to cut our SP

    Those shareholders sell those shares and MCR is trying to protect SP by the way of buy back policy.

    50K shares is not too bad. Can MCR buy them at closing to protect share price for the next 20 days? If MCR does, it should be very good for us.
    MCR Price at posting: 65.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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