One would have to think there is a reason to be buying back shares for between 95c & $1.01 & now announce a share purchase plan @ 87c.
Mathematically it does not make sense.
The buyback is for approx. 11.7 million shares over 12 months & was announced on November 6 but on December 1 they announce a share purchase plan for approx. 35 million shares.
The directors should come clean & advise exactly what is going on & why the change of heart from buying their shares one minute then selling for a lower price the next.
Ann: Share Purchase Plan , page-6
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Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.71M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 42.0¢ | $105.0K | 250.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 45200 | 2 |
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