Perhaps the buyback was put on hold by lender due to decreased...

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Deena

634 Posts.

451

03/06/18

08:08

Post #: 33456613
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Originally posted by hotcoppa ↑

If you look back at Birdlives posts they were consistent when holding
Smelled a rat and couldn’t live with the investment and sold on the bounce. Well done IMO

I’m more than happy to hear every viewpoint

Bird has made a valuable contribution and has brought plenty of extra disucssion which is what the forum is all about.

The resumption of the buyback baffles me.
Why did they stop for so long? There was plenty of gas left in that tank and the company could have maintained confidence by mopping up further shares.

Sure it is great to pick more up at lower prices and it has shaken the tree, (weak hands are gone) but they should maintain a consistent approach to share repurchases. Get some confidence back and scare off the shorts who have had a field day on low volume.

Here is hoping for a good week next week, a good upcoming result more debt repaid to provide greater flexibility on dividends and a large buyback program continuing.

Ballsy effort by Risk41 on the day prior to a small recovery. Things looked awful that day! Emotions in check.

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Perhaps the buyback was put on hold by lender due to decreased LVR ... and the re-start of buy-back is reflective of a restored cash flow which is continuing the rapid debt reduction? A nice thought anyway!

Last edited by Deena: 03/06/18

DNA Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.0¢		Change 0.002(7.14%)		Mkt cap ! $37.06M

Open	High	Low	Value	Volume
3.0¢	3.0¢	3.0¢	$6.609K	220.2K

Buyers (Bids)

No.	Vol.	Price($)
1	90000	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	381187	4

View Market Depth

No.	Vol.	Price($)
1	90000	0.029
2	65429	0.028
1	100000	0.027
1	134000	0.026
2	60000	0.025

Price($)	Vol.	No.
0.031	381187	4
0.033	330084	2
0.034	237420	3
0.035	122501	2
0.036	14000	1

Last trade - 15.32pm 31/10/2024 (20 minute delay)

DNA (ASX) Chart

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Perhaps the buyback was put on hold by lender due to decreased...

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