ALF 0.00% $1.01 australian leaders fund limited

Ann: Temporary Suspension In Buy-Back Of Ordinary Shares, page-5

  1. 2,306 Posts.
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    Iwas looking at the amount they had already bought back a few days ago. If theykept a similar pace up they would likely have bought back 10% months before thebuy back period ended.

    Presumedly the directors will fill some of the void now over the next littlewhile and soak up some sellers. How deep is his Justin's pockets I have no idea. Perhapsalso Geoff Wilson may have a crack again soon.

    I wonder if when Justin was buying in March whether some shareholders pushedfor more transparency and hence today’s announcement.

    If they didn’t suspend the buyback now well the same sort of issue would comeup in a few months time anyway. That is they would have bought the maximumallowed so they would at least have to pause doing the buyback then anyway.

 
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