Mash Holdings I see Mash holdings has set up a 50 Million over draf facility.Emm, I wonder if he intends to buy any personal shares in a suitable company, that may be under valued!!
We're going through £3.30 this week Early bird prediction.
Re: Great news This may sound perverse but as a holder I would like the share price to rise as little as possible while the buy back is on going so the max number of shares can be bought as cheaply as possible!
Re: Great news Yes finding its way back to merely cheap levels from buy one get one free levels. Makes perfect business sense to start a buy back when the shares have fallen so far.
Re: Great news It will be interesting to see if Mike sells shares pro rata to the buy back or allows his holding percentage to increase as a consequence of the buy back.If he is retaining his shares an up to 5% buy back is in fact up to 10% of the free float.The buy back does tend to indicate that SPD is still highly cash generative.
maybe back down to 625p as a gap needs filling?