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CFO just bought 20,000 shares on market......
just a touch over 7million shares into the buy back, so about 12.5 million or thereabouts to go.
Wondering when what I presume to be the Origin sell off will finish, if the Origin sale of Contact included 200million dollars in shares and the buy back is 100million how many of those 200million will be sold? I haven't seen any change in substantial holdings so maybe barking up the wrong tree but not sure why the SP is still showing resistance. All things aside with the senior managers Contact still seems a decent bargain at the moment particularly bearing in mind the interest rates at present and other gentailers SP increasing over the last week or two.
Just trying to decide to keep CEN or sell towards the end of the buyback and see if I can get back in at an even more bargain price if the weakness continues.
Appreciate any further insight....
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