Get real. If I key in a buy or sell order at 3.59 pm (and I have done so with other shares), I can get trade confirmation at 4:10 pm. This happens in the market on a daily basis.
Cut the nonsense about manipulation. Who in his/her right mind would even try to manipulate while there is a buy back exercise happening?
Options to short, are not peculiar to ZFX. They are part of the huge derivatives market.
ZFX is not a "mums and dads" stock counter. The shareholders are mainly professional institutions and hedge funds.
You did not get my earlier message. Production is one thing. ZFX exports in USD. The USD/AUD exchange rate will impact on NPAT.
ZFX is taking a slow approach with the buy back, probably because it expects further price falls. If I was in charge of the buy back, I would do the same, if I expected further price falls.
The IPO was April 2004. Soon, many investors would cross the 12 months' holding time frame and be eligible for reduced CGT, if they choose to sell.
Just to add to your seemingly current state of confusion, there are severe macro economic issues that the G7 nations and Asian Central Banks are grappling with, including renewed discussions of cross border trade barriers against China.
Should the Asian central banks stop supporting the American twin deficits or global financial markets decide to deal with the imbalances, say next week, ZFX's share price, along with the rest of global equity markets would nosedive. This is also partly the reason why global equity markets are jittery and on edge. It could happen very suddenly, without warning.