Caliente - just for clarity, the buyback has not started yet.
The buyback starts on 12 January from memory.
Given the price movements of the last few days, i reckon that the stock will be above $1.00 on the day the buyback starts (and we will have received a 4.5 cents divvie as well - goes ex tomorrow) and will run quickly to the $1.20 - 1.30 range as soon as the buyback kicks in.
Caliente - just for clarity, the buyback has not started yet.The...
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