Agree, which going on past could mean another share buyback of 10 - 20% of capital
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the boats a leaving
Yes was wondering when this was going to happen. I was a little surprised at the muted response to date. Usually an on market share buy back and a dividend increase result in a bit more of a response from Mr Market.
The jump to 505 seems to have got the attention of a few sellers now, it was looking a bit thin on the sell side for a while there!
looks like new highs this week
2.15 close confirms the breakout
Also just saw morningstar has downgraded from 'Hold' to 'Reduce' due to the price change, valuation at $1.90.....
been 2 very big transactions this week could explain the price surge, insto buying up for takeover lol