Given that the discount range is between 8 - 14%, whether we can make a profit or not would depend on how much the share price would recover by the buyback date, would it? Wouldn't we need at least 6% share price recovery from the current price for the buy back scheme to be break even if you buy the replacement share now??
WBC Price at posting:
$21.77 Sentiment: Buy Disclosure: Held
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