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Sky-mobi Limited Message Board

  • zarahill Aug 15, 2012 10:15 AM Flag

    Calculations on the buy back of 10 M shares

    Free float of MOBI : 9,420,000
    Buy back program : 10,000,000 over a 12 month period = 257d
    This is 40,000 per day, in the open market or from institutions.

    Actually 38.5% of the daily volume is on the short side.
    Mobi wants a lower price.
    Don't sell, it's manipulation to the downside.

2.07+0.01(+0.49%)Aug 25 3:58 PMEDT