CIM 0.00% $22.00 cimic group limited

Ann: Daily share buy-back notice - Appendix 3E, page-7

  1. 324 Posts.
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    it's weird stock I know mate
    the problem is no one from the big end of town would like to go long on this stock as there're no many stocks to buy. the buyback by the company without other fund managers buying won't do much. the only way traders play this stick is by going short for short period of time and then close their position at low prices knowing the stock will eventually come back due to buyback
 
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Currently unlisted public company.

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