CIM cimic group limited

Ann: Daily share buy-back notice - Appendix 3E, page-2

  1. 360 Posts.
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    Still can't work out why the buyback is only working on such inconsequential volumes (maybe 5% of daily traded volume) when the stock is so dirt cheap at the moment, from a P/E, historical and recent uptick in work volume perspective. There is so much room to snap up more and not shift the needle. With all the contract wins lately it wouldn't be hard for the stock to start moving up on the back of a pretty good newsflow. Feels like the broker is asleep at the wheel when there is so much opportunity here.
 
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