RE:RE:RE:Aug 6th Likely no. I would assume they would buy them in 5-10% increments. The NCIB permits the Company to buy them over one year from the effective date so they will have until August 6, 2019 to make the purchases.
If they have unrealized gains they plan on recognizing over the next few quarters, that would likely spur buying.
I have only been involved in NCIB's issued through major corporations and usually they set-up an open order and then let the market fill them over the year. My expectation is they will initially set the order price at .275-.285 which will wipe out the 500,000 or so open orders up to this price and then as the market falls to this level, their order will partially fill accordingly.
Ultimately it should set a nice floor for the market for awhile so I am hoping it is closer to .30 but they won't overpay to what the market is currently trading at.