CDU
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0.00% 23.5¢ cudeco limited

please explain share buy back?

  1. TT92
    129 Posts.
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    14/09/10
    14:58
    Post #: 7195688
    Could someone please explain WHY any company with no income stream would buy shares back when trying to do capital raising?

    The obvious reason to me is to keep the SP up BUT surely this is evident to any potential investor as well? So is it counter productive?

    Can anyone cite a previous example on the ASX where this was previously successful?
    CDU Price at posting: $2.10 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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