Thanks for your thoughts PP.
I'm just trying to figure out if its a plus for us when that item runs out in 2013, or if it will be neutral.
On the buyback I can only assume its a cash flow management issue. Would be a concern given they had 16M cash at June 30, and only have 12,500,000 more shares to buy back, which, at even 30c a share is only $3,750,000 cash they'll spend in doing so.
Perhaps the financial controller's gone on holidays.
itsa figures for oct to dec 2011, page-16
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