re: Ann: Daily share buy-back notice - Append... They cancelled the shares they bought back.
They will continue to buy back shares as long as the SP is at these ridiculously low levels. It's a no-brainer that reducing the shares on offer will be EPS positive for the remaining holders.
If the SP rises significantly, expect them to be much less enthusiastic about the buy-back, as they do have other uses for the cash. But at 80 cents...
- Forums
- ASX - By Stock
- AAH
- Ann: Daily share buy-back notice - Appendix 3E
AAH
arana therapeutics limited