RHP 0.85% $1.76 rhipe limited

Ann: Daily share buy-back notice - Appendix 3E, page-8

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  1. 452 Posts.
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    I took it to mean that they saw the share price as massively undervalued and so a great use of funds. The broker has been very disciplined and done well. I look forward to them eventually paying a dividend, but I guess they've seen this as in the best interest of all shareholders in the meantime given the relatively low valuation on the company at present.
 
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