Originally Posted by
Sehnsucht888
fish, Is i that simple that they can just do it? I think the ESOP is entitled to do on market purchases, but not suer about the company in general - or has it previously got the ok for that? I recall seeing other companies getting it approced by share holders, or at least reffering to it happening before doing it, and then reporting daily.
I don't think it would be legit to do a buyback simply to push the price up 20c.. That would be deemed market manipulation.. wouldn't it?