ALF 0.00% $1.01 australian leaders fund limited

If you already know its the buyback, why would you suggest that...

  1. 102 Posts.
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    If you already know its the buyback, why would you suggest that ALF is "holding up fantastically" because of its zero equity positioning relative to WLE?

    Anyway, after reading the buyback notices I've realised Justin is actually buying back stock far more aggressively than is appropriate. What do I mean by that? For example yesterday he bought back 535,654 shares out of the 616,213 shares that traded, which is 87% of the day's volume. Anything more than 10-20% of a day's volume will have an impact on the price, let alone almost 90%! I wonder if ASIC is going to look at this as it is blatant price manipulation.
 
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