buy back back on ?, page-21

Notice that yesterday @120k of the 300k of sales were shorts. That's 30%+. Up on the normal 10 -20 % of sales in recent times.

The only reason I can think of a 'legitimate' short (if there is such a thing is the farm out of the Bendigo site is going to fall over and therefore we'd be up for the $8m? or so rehab costs. But given that money is already there (over and above the 'cash on hand' of $43 million, it doesn't make sense).

So shorting and big 20million sale suggests that someone is stalking and wants to get hands on these assets (perhaps with focus on African holdings).

I just wish the company would do something about the buyback. Stop it and announce a divi or can it.