Von....how do we know that it was an "idiot sell" and not a "strategic sell". Pretty clear that the buyback will be done as cheaply as possible....OK in itself if wasn't so obvious that it is for the benefit of the other company. The roadblock at .045 sends out a big signal to traders....dont even bother. The rules about the share back price based on the last 5 days average will probably keep lowering the buyback price. The IPP...well who knows when that will be. However, it does seem like a very good long term trade.....but not a short term trader.....and no xmas presents for holders at higher prices atm....
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