buyback a failure, page-10

Yep,

I agree you can't judge the success of the bb at this stage. It will take months to see whether it was good buying at 68c.

If the bb didn't provide support at those prices, we may have freefallen below 50c and still be there today.

A few days ago, I sold AWE and bought MKO at a daily high. Almost straight after I bought, MKO dropped like a stone and AWE rose strongly. Today, MKO is up 30% and AWE is down again. The point is you can't determine whether the bb was a success just from a short term sp movement. The mkt is too fickle and in relation to CFE, has been frequently wrong in the past. Time will tell whether the market is getting this one right.