PPRuNe Forums - View Single Post - Cathay to buy back 10% of company stock
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Old 24th Apr 2009, 10:25
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sizematters
 
Join Date: Oct 2004
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put quite simply it means that cathay is buying their own shares at a Bargain basement price as they know they will go back to 13-19 HK$$$ in the next year.....................

they ain't exactly as dumb as some of you lot would like to believe...................
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