Good morning, a quick post or two before I get back out into the garden.
You may have lost interest by now, but anyway...
The second day in a row that the broker chose not to buy up to the allowed price. They only bought up to 85c when 85.5 or 85.75 was possible. The aim is not to drive up the price- but to buy back the shares efficiently and in a cost effective manner.
It is not the buying of the shares that will drive up in SP in the long term- it is the cancellation of them.
Now blue Perth skies beckon me outside...
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