NEN 0.00% 22.0¢ neon capital ltd

Ann: Daily share buy-back notice - Appendix 3E, page-4

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  1. 586 Posts.
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    Put yourself is their shoes, I think they are just after the cash, they can string it out over a long period of time and milk it and run the risk of actions from aggrieved shareholders, or if they are smart wind it up and return the cash. Plenty of law firms looking out for class actions where they can make $
    I think they will pull the cash out and move on to the next opportunity.
    The delisting is just to shake the tree, the buy back is to catch the fruit.
 
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