PTD unknown

chairmans buy back comments

  1. Lawyerfromthedeep
    123 Posts.
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    09/06/05
    11:35
    Post #: 941276
    In the Chairmans report announced today:

    "The Board’s
    decision to initiate the buy-back was based on our strong
    conviction that Peptech’s people, science and partners
    are the best immediate investments available. "

    Can anyone please tell me what this gobbledegoog means - is it just that - gobbledegoog. This passage makes no sense in my opinion; in fact it makes dis sense (if there is such a word).

    If you buy back shares; then there is LESS cash to spend on what he claims is "...the best immediate investments available"

    Does anyone else agree.

    PTD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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