HIO 4.55% 2.1¢ hawsons iron ltd

Ann: Notification of buy-back - HIO, page-10

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  1. 204 Posts.
    lightbulb Created with Sketch. 116

    Good news for the end of a soporific week......zzzzzzzzz

    I like share buybacks.
    Its a common maneuver by a company to buy back its own shares at opportune times, cancel them and reduce the SOI for greater future gains -especially if they know there's a lot of positive news to come in the future-tighter supply makes for bigger moves.
    . I have always made a little money in the past from buybacks --some companies more than others admittedly..
    Cheers
 
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