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it's based on VWAP They have to do it based on past 4 or 5 days...

  1. tobes11
    4,327 Posts.
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    08/06/16
    13:26
    Post #: 17983818
    it's based on VWAP

    They have to do it based on past 4 or 5 days trading

    they just can't stop it at 6c and say hey, let's do a C/R.

    Similarly, a company just can't do a C/R at 90% discount to their friends. VWAP makes things fair.
    NTM Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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