re: Ann: Daily share buy-back notice - Append... They cancelled...

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...