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1.28% 7.7¢ neometals ltd

Ann: Neometals Announces Further On-Market Share Buy-Back, page-35

  1. Daripper
    2,636 Posts.
    lightbulb Created with Sketch. 677
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    10/03/17
    12:04
    Post #: 23247644
    Now, from a novice POV, isnt this the exact time a Co should buy back under a proposal like this? I Mean there is approx 476,801 shares listed up to .37c and the average being crica .346c meaning a total spend of around $165k would wipe them all out and generate some interest in the market place? Isnt this what buy backs are all about ?

    Please School me if I am on the wrong tangent here.
    NMT Price at posting: 31.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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