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

Thanks and therefore, I can't understand on what grounds is the mgmt queuing up at 0.008 for the buyback and why are there sellers at 0.009 and 0.010. Unless the sell side is just being built up to force people to jump queue and dump at 0.008.

The only catch is selling at 0.01 vs 0.008 means taking an additional loss of 25%. Not sure if there is any one that is so desperate to sell that they are willing to take a extra 25% loss, specially given we are going to drill 10,000 m in the next 4 months.

The mgmt queuing at 0.008 is definitely not helping the SP.

Seriously, begs a question, what is their priority and what are they doing?