AMU appear to have halted the buyback now prices are trading around 20c. Only two logical answers I can come up with:
[1] Waiting for selling offer volumes to grow around 20c mark and then re-enter; or
[2] They have a better use for the cash at the moment.
Any thoughts anyone?
According to my records they have bght back 22.7m shares at an average of 21.6c ($4.91m)and have 7.6m to go ( say avg of 20c (cost $1.5m)
Perhap Qtly will tell!
