Quote Originally Posted by 1leon View Post
More interesting would be innformation on what they propose to do with the money. REL has had money to burn buying out shareholders (under value) and now has another $9.4m to play with. Given the last buy buy back fell short of maximum it can hardly claim shareholders are still asking it to buy back at substantial discount! Equally interesting was the ODT report of this classifying REL as " the Cushing family's farming group Rural Equities Ltd "! Of the same vein NZ Herald reported the Synlait float under the heading "Chinese dairy float for NZX " What about other shareholders' interests?
Yes it certainly will be interesting to see what they do with the $9mil