I think this buy back announcement is just lip service, as I think they will only pay around $1 plus.
How will they get 5 odd million shares-- they would need to pay $5 which I dont think is their intention.
As for small holders, there are less then 50 people with unmarketable parcels,-- they will be waiting a long time if the buy back has to be completed first, as I dont think they will ever buy the 5m shares.
Tomorrow they can start and at $1.50 they are dirt cheap!!!
Lets see what happens !
Cheers
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Last
$3.30 |
Change
-0.030(0.90%) |
Mkt cap ! $173.1M |
Open | High | Low | Value | Volume |
$3.33 | $3.33 | $3.30 | $53.22K | 16.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2321 | $3.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.33 | 422 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2321 | 3.110 |
1 | 3000 | 2.960 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
3.330 | 422 | 1 |
3.380 | 840 | 1 |
3.440 | 859 | 1 |
3.450 | 1357 | 1 |
3.650 | 150 | 1 |
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