SHJ 0.00% 87.5¢ shine justice ltd

Ann: FY18 Half Year Results Announcement Date, page-53

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  1. 534 Posts.
    lightbulb Created with Sketch. 27
    So in short the hypothetical buyback would have resulted in a purchase of 9.26% of outstanding shares (excluding those held by Morrison and Roche) and this doesn't factor anyone else who has no plans on selling. So yes there are major implications on liquidity and practicality of conducting the buyback at a price that will remain low. - especially if this was done more than just one year only
    Last edited by tim8wilson: 23/02/18
 
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