CIM cimic group limited
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Ann: Daily share buy-back notice - Appendix 3E, page-4

  1. g12m0
    4,120 Posts.
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    18/09/19
    00:29
    Post #: 40459326
    Hard to explain why CIMIC daily volume is huge given the amount of free stock in Cimic is just around $3b worth. It is likely the traders are just going in and out of CIM. If you strip out the traders, probably only $5m per trading day change hands. So CIMIC buying back $1m per day is reasonable.
    CIM Price at posting: $31.89 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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