Don’t think there’s a lot of other buyers but there has been a steady supply around the 47-48c mark for awhile. The buyback is obviously limited to 100,000 units per day. It’s possible the broker buys up any daily excess and feeds them onto the market over the following days hence providing the minimum required daily buyback liquidity.
LSX Price at posting:
47.5¢ Sentiment: None Disclosure: Held
