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4.43% $4.95 tribune resources limited

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  1. ink
    1,413 Posts.
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    03/06/12
    17:54
    Post #: 10260101
    I think this buy back announcement is just lip service, as I think they will only pay around $1 plus.

    How will they get 5 odd million shares-- they would need to pay $5 which I dont think is their intention.

    As for small holders, there are less then 50 people with unmarketable parcels,-- they will be waiting a long time if the buy back has to be completed first, as I dont think they will ever buy the 5m shares.

    Tomorrow they can start and at $1.50 they are dirt cheap!!!

    Lets see what happens !

    Cheers
    TBR Price at posting: $1.28 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$4.95 		Change
0.210(4.43%) 		Mkt cap ! $259.7M
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$4.80 $4.95 $4.80 $46.05K 9.431K

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1 39 $4.86
 

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Price($) Vol. No.
$4.95 24 1
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