Correct. It is good news as per latest QR. Have not utilized the share buy back as of 22Q2 ended Jun2022.
6. Ordinary Resolution 6 Description
Proposed Renewal of Authority for Share Buy-Back.
Shareholder’s Action For Voting Voted For Against No. of Shareholders 642 101 No. of Shares 169,608,089 35,810 % of Voted Shares 99.9789 0.0211 Result Accepted
Company 10% shit load of cash to buy back share can push to share price to sky.
That is the reason to dump PetronM and CY to switch first thing in the morning tomorrow.
Posted by King_trader_shadow > 8 minutes ago | Report Abuse
sorry it should be this on the share buy back
There were no issuances of new debt and equity securities, share buy-backs, share cancellations, shares held as treasury shares and resale of treasury shares in the current quarter and financial period ended 30 June 2022.
Posted by InvestView > 48 seconds ago | Report Abuse
You can see a pattern of naysayers behaviors before and after the QR2 is out.Before the QR2 results it was always MM Jerichomy etc shouting unfounded, un back up facts ... now after the QR is out you hv Stock Raider qqq3 etc doing the same! IBs are the biggest suspects wanting to suppress the share price.. the naysayers are either their agents or the know the facts that what ibs will do in the aftermath of QR2 result ..suppress the price and the naysayers want to take a ride... sickening!