The date given by the company for FIRB approvals for their buyback, March 19th, has now been and gone.
Anyone have any news on this? No biggie, but if the company is going to outline a very date-specific timetable, then the market needs to be updated if those expectations are not going to be met.
(As it is, investor interest in GBE has risen such that GBE may not be able to buy many shares back at or below 23 cents. But still, it would be nice for GBE to still have this capital management option open to them...)
Yaq
GBE Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
