OXX 5.26% 3.6¢ octanex limited

Wassa,During an on-market buyback even days of no buyback...

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  1. 196 Posts.
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    Wassa,

    During an on-market buyback even days of no buyback requires a notice [see Petsec Energy (PSA) ASX notice of 21/11/2013]. It's a full disclosure thing.

    "First come first served" requires all shareholders to be informed of the buyback before the buyback commences, not just insiders. It's an equity thing.
 
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