hang on, let me get this straight....the company is saying that they're buying back x % of shares @ 45 cents.
and the shares are currently trading at ~ 34 cents.
so....if i know i have a committed buyer on the 29th of october (at an 11 cent premium at current prices), shouldn't i just buy a parcel of shares with a guaranteed profit?
i realise that sounds crazy so i guess i'm asking for the fault in my logic
cheers, gc
btw - what year was your celica? my brother used to have '77 fastback (baby mustang). that thing was sweet!
DGX Price at posting:
27.3¢ Sentiment: None Disclosure: Not Held