As a previous post mentioned, the share buyback was announced...

As a previous post mentioned, the share buyback was announced was some time ago, when the funds were sold to Centuria.

TGP is trading at a discount to Net assets (as per their recent guidance for 1H). So Yes, they should be buying back aggressively!

According to ASX, Tony Pitt recently purchased an addition 4m units (@90c).
I doubt very much that he is looking to exit in a block trade. My instinct is that he wants to pursue other companies within 360 Capital with that giant warchest.

The share buyback is in lieu of a special dividend. Which makes sense while the SP is at $0.87. However, it doesn’t return those franking credits L