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Message: Question on the share buyback

 

Dear DHOD,

 

 

 

To save time I will answer below in italics:

 

 

 

Lots of questions tonight!

 

The NR says 1.2 million shares were bought back under the normal course issuer bid.

 

Are these shares being held in treasury or are they being cancelled?

 

Cancelled

 

Could these be stored in treasury for a future raise that would prevent dilution?

 

No, they are cancelled

 

What are the plans for the shares bought back?

 

We are thinking of having a memorial service but the date hasn’t yet been set. They had a short but remarkable existence.  They are survived by over 145MM relatives worldwide.  They will be missed by all.

 

:-)

 

 

 

Hope that helps,

 

Peter

 

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