LEG 0.00% 1.1¢ legend mining limited

Ann: Daily share buy-back notice - Appendix 3E , page-5

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  1. 1,685 Posts.
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    re: Ann: Daily share buy-back notice - Append... Per the ASX rule the company can only buy back shares at a price which is not more than 5% of the average maket price over the last 5 days.
    Theoretically then if other shareholders push the price up further say to 1.9c then the highest allowed price will also increase for the next day.
    I think now it really depends on what other buyers do to determine what LEG can do.
    Happy to be corrected
 
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