LEG
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9.09% 1.2¢ legend mining limited

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

  1. MineralMaster
    1,685 Posts.
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    15/11/12
    14:23
    Post #: 11005038
    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
    LEG Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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