Here are some of the facts about the buyback from my point of view . 1. The buyback price is approx 80 cents less than the current price . 2. The company has bought back over 3.5 million shares . 3. We have bought a lot of those shares from the shorters who are now just over 8 million short . 4. The company shareholders are now up $2.8 million on the shares bought back . 5. The company has paid approx $44.5 million for the shares bought back . 6. In my opinion if we had not commenced the buyback we would be languishing at below $10 . 7. In my opinion if we increase the buyback the shorters will continue to have competition for the shares so their ability to buy the shares back on the cheap is diminished .More good news will put a fire under the share price going forward .!!!!!
NEU Price at posting:
$12.87 Sentiment: Buy Disclosure: Held
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