TGS 0.00% 4.9¢ tiger resources limited

what the hell is this company doing?!, page-4

  1. 2,958 Posts.
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    Hmmm....am trying to fathom the $8Mill share buyback?
    Is this saying they think they are going to cheap currently?

    It'll be approx a 20mill of shares taken out of the market (out of 680Mill by my calcs but i could be wrong).

    Still not sure why you'd do it unlss it makes a takeover more difficult.

    Am sure someone smarter than me can explain

    PnB
 
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