Excellent news!
The price may not zoom up to 23 cents straight away - GBE will be buying back shares as cheaply as they can - however, the price will go up (has already gone up), both on expectation of the buyback and then once the buyback creates extra buying pressure.
There is an easy percentage gain to be made here, irrespective of whether you are long or short on GBE.
Great news for shareholders - some short term gains to be made whilst waiting for GBE longer-term value to be realised.
Yaq
Ann: Buy Back - FIRB Approval , page-4
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Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.34M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125076 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 112924 | 1 |
View Market Depth
| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| GBE (ASX) Chart |
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