Telit Communications - Re: TCM Stream Log - The buyback announcement seemed à...

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Re: TCM Stream Log
13:51 17/11/2015
LuxInvest
0 replies 0 0

The buyback announcement seemed à bit of à panic move to resterende confidence, but they clearly failed restoring this! I agree that buyback was à bit panick move, but it should confirm there are no liquidity issues within company....although for the share the buyback will actually worsen liquidity! I hope an announcement will come soon in order to resterende confidence, because otherwise this stock is sub 100p next week

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