GREY:CXSNF - Post by User
Comment by
JTDOUBLEon Mar 23, 2017 1:26am
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Post# 26018408
RE:RE:RE:RE:RE:RE:RE:NCIB will be renewn ...
RE:RE:RE:RE:RE:RE:RE:NCIB will be renewn ...Significant buys at 1.50 1.85 range that is the strategic allocation of most buy back. Given the average daily volume of 27k, Scb can buy 16k shares on daily basis at this range for the whole entire trading year a quite significant fire power at the present given the daily volume..This more than half of daily volume too much support at this level..
I suspect the SP will rise at this point given the gravity and magnitude of the NCIB...