buyers building, page-17

the company is not under an obligation to buy back stock at the limit price at any particular moment, cevatt.

they will be trying to acquire as many as they can as cheaply as they can - and therefore will be going about the process with both art and science.

however, they do want to buy back a heck of a lot of shares over the next 12 months - 10% + another $50 million . . . . so at some stage they will need to get a bit more aggressive.

this could be weeks or months away, however.