Fortes fortuna adiuvat !, page-2

i don't think buyback is the most appropriate things to do given they needed the money for growth. it is also the reason shorters took advantage of the company weakness. LIC also has AustralianSuper on it register which unlikely to trade given is asset allocation rules as a super fund. in addition, LIC only has 100m odds shares outstanding make it easy for shorters to pounce on. also top20 holds 80% of the shares and those substantial >5% holds about 40%
shareholders can only take advantage of these price movement to reduce their average price if you are courageous and financial able to do so. DYODD