Penny,
From what has been announced;
CDU can buy back 12,500,000 shares
Since commencement they have purchased 6,400,000 at $3.19 per share of the 21,000,000 shares traded. ie approx 30.4% of what has changed hands.
Whichever way you look at it they are 60 cents per share in the money. Why not buy the balance of 6,100,000.
Geoff
