If you knew anything about investing you’d know that buybacks only make logical sense if there’s no other alternatives within the business to deploy the capital for additional growth.
This company has a long runway and much better ways to spend the money than a mature company that has limited reinvestment opportunities (where buybacks and dividends make economic sense).
If you knew anything about investing you’d know that buybacks...
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Last
56.0¢ |
Change
-0.010(1.75%) |
Mkt cap ! $159.6M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 56.0¢ | $76.96K | 135.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50068 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 46490 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
56.3¢ |
Change
-0.010 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| 56.5¢ | 56.8¢ | 56.0¢ | 6633 | ||
| Last updated 15.55pm 07/06/2024 ? | |||||
| DGL (ASX) Chart |