I agree but there are so many cheap companies at the moment. If it goes down much more I will not be able to resist picking up some more.
I am pleased the company is lowering the bid in the buyback. There are forced/scared sellers and I would prefer the company to be buying back shares as low as possible.
Remember the $15m raised from the Wyllie placement was used to repay USD debt when the AUD was worth $0.95 USD, so we are a few million ahead on the currency as well. Nothing too significant but all incremental for shareholders who are patient.
Just my opinion
Monty
I agree but there are so many cheap companies at the moment. If...
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