Sell @ $0.255
There was a hint in the pre-open Buy / Sell Q that Shares Buy Back will be in action. It was very close to the calculated Max Average Buy Back Price of $0.2531 ie 62% @ $0.255 ; 38% @ $0.25. I placed my regular sell order @ $0.25 and today, it got done just after lunch (earlier than usual). The CP is Kim Eng, not the regular one from Phillip. I suspect Traders may be jumping in when their Charts is telling them to… (Increasing Price at healthy volume).
After mkt close, Shares Buy Back SGX Annc,
- 1,019,000 @ $0.25178
- Vol = 1,812,000 ; Range = 25 to 26ct (fm LS, only 1 lot at 26ct)
For tomorrow, Max Buy Back Average Price = $0.2583 or 34% @ 25.5ct ; 66% @ 26ct
BTW, I checked the URA site (updates on mid-mth) and there were no new sale of 8Raja units…