interesting that the shares are off more than 20% from their high's two weeks ago, and no sign of the on market buyback. what are they waiting for?
I believe they have to report the next day if they have bought.. as per ASX appendix 3D:
Every day that the buy-back is active (ie, some shares have actually been bought back) the company must lodge an Appendix 3E “Daily Share Buy-back Notice” with ASX, at least ½ hour before daily trading commences, detailing the number of shares bought, price(s) and highest/lowest prices during the buy-back.
OBL Price at posting:
$3.67 Sentiment: Buy Disclosure: Held
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