I don't believe they will buy at these levels (I'm happy to, as I still see value here, but just looking at history buybacks at $17 look unlikely).
They have had $500m available for 18 months (sure, the price is up, but not every day - if they were tasked with buying the dips then there were ample opportunities) but didn't use a cent (last buybacks were sub$5 iirc).
I'd be happy to be proven wrong though!
Ann: Extension of Share Buy-back Programme, page-11
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |