DNA 0.00% 2.7¢ donaco international limited

yeah could be, good point, a buyback basically provides a floor...

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  1. KSD
    1,882 Posts.
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    yeah could be, good point, a buyback basically provides a floor price for their shares and sufficient buying volume, as opposed to selling/drip feeding onto market with a relatively low liquidity register where large volumes can move it south too much and lose significant value.

    I never thought of that - bit of a wink wink we'll sort you out via a buyback and means we can remove that acquisition scrip from the balance sheet
 
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1 125243 2.7¢
 

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