On 20/1/2006 NAM has got a total of 117,944,073 issued shares on record. A 10% buyback is about 11.8 m shares and so far NAM has bought back 5.5m shares, less than a half of that target.
Today NAM bought back a total of 17,008 shares at $0.65/share. If this speed would last, the buyback would be able to continue 370 business days to buy back the remaining 6.3 m shares.
NAM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held