Thursday May 31 marks the end of the notification for the...

Thursday May 31 marks the end of the notification for the minimum holding buyback program, which at its maximum take up could cost CM8 a tad over A$140k.

So there aren’t big bikkies involved for the company but the number of shareholders is cut by about a half.

I welcome the program, tidy up the register, tighten the register a little.

I haven’t had much experience with minimum holding buyback programs in the past. The only one was done at the bottom of the market for a particular company, which rallied strongly for months and months afterwards. This was more due to externalities than the program itself.

The board and management must have a pretty reasonable idea of how fiscal 1917-18 is panning out by now.

Perhaps a market update would help, possibly citing the debt position.

Or, even the appointment of one of them digital influencers - as per Von Rico’s suggestion - to help boost the SP.

YIKES. What if one has been on board all this year.