Ann: Update - Notification of buy-back - BRK, page-72

So here's the thing with the buyback, and this will upset people. They have until basically the end of the year to buy back 350m shares. They have bought back 88m so far, representing 25% since the 15/5 or 50 days (22% of time elapsed). There are another 177 days to buy back the remaining 75%. So they are ahead of schedule.

At the start of the buy back there were lots of posters suggesting loading up the 1.5c wall and taking out 1.6c. CPS has managed to avoid that scenario and sits at an average buy of somewhere well south of there.

If CPS finish the buy back at an average of 1.4c instead of 1.6c average buy then that's $700k all shareholders are better off. It's 50m shares more that can get bought and removed from the registry.

The best money is free money.