29-12-2011, 12:37 AM
(27-12-2011, 06:24 PM)freedom Wrote: did I see it wrong?
today GMG bought back 13.2 million share from open market @0.113. I thought they just sold more than 3 billion of their share @0.091.
what a ridiculous way of managing money.
If GMG uses these shares as treasury shares for its employee share option programme, then maybe it still make some sense?
This reminds me of a chinese proverb: 'It is hard to get wealthy, but it is harder to maintain it'