KRR 7.69% 1.4¢ king river resources limited

and why should there be any buyers in the absence of any...

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    and why should there be any buyers in the absence of any price-sensitive announcement?

    also, does anyone know when is the buyback set to expire? I think it was the 25th of July, but I am not 100%.

    mgmt wanted to buy back around 155 million shares and they only managed to buy back 25 million. I think their buy orders are still parked around the 0.008 price which is fair as they should ideally try to buyback at the lowest possible price else ASIC will question their intent and motive.

    however, it will be interesting to see if they will buy back some more at a higher price when they get close to the buyback expiry date. because at that point they can no longer be expected to wait around 0.008
 
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