Not if the 2.5m was not the buyback...my guess only some of it was and its poss none today.Unless you need to sell or have margin issues. I am happy for Lrl to wait this out a bit.They have 18m to go and 12m to do it.
The irony will be the finalising of the sellers and then next year lrl goes to a local chinese or uk fund and tops up the cash with 30m at 25c or so.
also if they have some very good gas announcements the general market may well clear them out without the buyback.
LRL Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
