IOH 0.00% 70.0¢ iron ore holdings limited

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

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  1. 1,665 Posts.
    re: Ann: Daily share buy-back notice - Append... Personally I'd prefer that they saved their powder for under the last CR (i.e. $1.60). Even though the SP is low, and they have significant cash reserves, I'm not comfortable with Coys buying back shares at prices above recent CRs. Looks like it could be a quiet Q2 so perhaps the buyback will assist the SP trend upward until/unless we get a rabbit pulled out of the hat.
 
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