EXS 0.00% 26.0¢ exco resources limited

buy-back, page-23

  1. 16 Posts.

    To All Who Are Calling For a Buyback:

    On 28th June 2012 OZ Minerals Limited (OZL) completed a $200,000,000 (two hundred million dollars)on market share buyback.

    The last price paid was $7.69 a share on the 27th June.

    When the Buyback started in 2011 they paid up to $12.00 a share, but this Buyback did not prevent OZ Mineral shares
    falling below $8.00 a share.

    The message is you can not defeat a market trend. You have to wait for it to run its course.

    Forget any Buyback. They are an illusion!

    Diana


 
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