Well, one good thing about this minimum holding buy back initiative is it would stop the likes of the trading which has happened today so far.
Looks like someone needed to free up a humungus $300 - probably for groceries!
Based on the current depth - why would someone oblige such a small request? Is it because the little holders are liquidating at these high prices before the buy back commences - just in case the SP declines more?
Seems like each new day of trading in CDY brings new learnings...
CDY Price at posting:
21.5¢ Sentiment: None Disclosure: Held
