Sle,?? L/R 7.33 "A company may only buy back shares under an...

Sle,


?? L/R 7.33 "A company may only buy back shares under an on-market buy-back at a price which is not more than 5% above the average of the market price for securities in that class. The average is calculated over the last 5 days on which sales in the shares were recorded before the day on which the purchase under the buy-back was made."


So they cant be price setters so they may struggle with the small amount of trades to get price up initially.
Also not sure what the upper SP limit they are willing to pay but to fulfill all the 7.5 million order IMO it would have to be multiples of the current price considering how thinly traded OXX is.