jkak
:
Yeah likely is because the new tender award 1.2 B value. Need capital to execute the project. I dont think its a bad move. It very smart move as co had buyback manytimes from last year and earlier this year when the share plunged. and used the bb to gathered more fund. Its very smart!
Small bull : see another news. utilize treasury shares. it's bad
jkak Small bull : Whats the reason?
小铭 : Contract value ?
jkak : Yeah likely is because the new tender award 1.2 B value. Need capital to execute the project. I dont think its a bad move. It very smart move as co had buyback manytimes from last year and earlier this year when the share plunged. and used the bb to gathered more fund. Its very smart!