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0.00% 23.5¢ cudeco limited

I thought the buyback might have been scheduled for today.A...

  1. stumacca
    956 Posts.
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    14/06/11
    11:27
    Post #: 8534346
    I thought the buyback might have been scheduled for today.

    A quick call to ASX customer service was answered by the following:

    "Buybacks require 14 clear business days after announcement. The day of the announcement is day zero. weekends and public holidays are not counted as one of the 14 days"

    I was then directed to Word Document Appendix 7(a) at ASX website:

    http://www.asxgroup.com.au/media/PDFs/Appendix_07A.DOC

    Buyback is not today by the looks of that.

    CDU Price at posting: $3.16 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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