No limit on volume. Under Listing Rule 7.33 the company is permitted to buy back shares at a price that does not exceed the 5 day VWAP by 5%. For instance if the 5 day VWAP is $1.00 they can buy up to $1.05 the next day. That is the only real restriction.
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- Ann: Daily share buy-back notice - Appendix 3E
Ann: Daily share buy-back notice - Appendix 3E, page-8
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FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
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