re: Ann: Establishment of on-market share buy...
So how will this work exactly?
Does the company act like a regular trader and wait for weakness and buy shares as cheaply as possible, or do they periodically buy shares regardless of the current price over the 6 months.
Is this an attempt by the company to stabilize the share price possibly protect it from the volatility and downward pressure (particularly on gold producers) the market is seeing lately?
What effect will this scheme likely have on the share price over the coming months?
Thanks.
Ann: Establishment of on-market share buy-back fa, page-5
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