Expect them to buy
The Astoria share buyback kicked in on 5 May at a price of up to 1 166c. Astoria has the right to increase its buy back price and indicated it will issue a Sens if it does. With the latest set of results showing a net asset value (NAV) of $1.06 (around 1 409c at the time of writing), as I have written previously, this does put a solid floor on the share price below NAV. I expect it to be buying and to increase the price it is prepared to buy at.