Feedback Message Board

Buyback Message Board Messages

1 Comments

1. lokes

| Link|January 20, 2022 1:37:20 PMReply

From last 5 days, prices are beaten down too much in this share without any reason so for remaining shares, selling will be in loss only for mostly. Still this buyback deal will be good profitable if acceptance ratio comes around 70%

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1.3. lokes

| Link|January 21, 2022 9:09:33 AM

yes acceptance ratio is less than expected, no idea how....
But atleast share price giving very good upmove now, since in general category, 80% of tendered shares were bought back so some buying demand is there now.
Better to book profit for remaining shares too whenever they are credited back in broker account.

1.4. lokes

| Link|January 21, 2022 2:21:33 PM

Share price fallen a lot from todays high, so good whoever sold it at upper price today, i sold half of my holdings at 590 and holding remaining.
I feel it can again come above 600 in short term once market supports since a lot of shares are extinguish now from buyback and there won't be much selling pressure from general category atleast.