buyback, page-5

So now we have had a couple of successive days of buy backs after a period with nothing. Can it be that this buying is targeted as others (RiverDry?) have suggested? Is the buying targeting a holder who has been identified as previously driving the price down through bot selling? The purpose of the buying does not seem to be to put a floor under the share price as iron ore stocks have been strong in the last couple of days.

Lets hope that this buy back achieves what is intended. We have all seen clumsy efforts like that with CFE where there was an agressive buy back that propelled the share price up strongly, only for it to fall back to where it had come, after the buying support had disappeared.

I am still struggling to see the purpose of the buy back, but it seems that we may be in for an interesting few months and there may well be "cat and mouse" games between buyer and seller(s).