LRL 4.35% 2.4¢ labyrinth resources limited

something cooking, page-25

  1. 568 Posts.
    lightbulb Created with Sketch. 21
    Very emphatic finish today...lets take a million off the table upto 18...I am a little surprised at the stupidity of people selling at 16.5 during a buyback but it takes all sorts in a market.

    this is their second buyback and I would certainly support a third one if required...they took money at 21c...to get the Fund on board so any buyback is cheap.This market is insidious in that the lack of vol is killing the small end of the market and does not care who it affects. All power to companies who protect their price esp in periods of transition.
 
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