Or could it be Mr Bouris knows that + operational cash flow is now flowing!
The buy-back is over a 12 month period.
The only logical conclusion is YBR must know cash is coming in to use on a buy-back. The commitment is at least $11m that is $3m more than current cash - therefore net operational cash increase must be forthcoming for the remainder of FY16.
Last edited by Mightyatom:
* I do not hold08/11/15
YBR Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held