SAE 3.45% 14.0¢ salinas energy limited

An announcement has just been released that the company bought...

  1. 2,158 Posts.
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    An announcement has just been released that the company bought 50K shares yesterday and the company has an intention to buy as much as 11,127,104 shares. As I mentioned in my previous message a 38c is a good support level which is supported by the technicals and fundamentals due to the company buy back policy. What I don't understand its stupidity of the sellers who are selling big parcels of shares almost every day in the past 1.5-2 weeks.
 
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Currently unlisted public company.

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