Sorry to inform you but this buyback (BB2) they announced has been reinstated at a floating unrestricted price unlimited period at 10 times higher volume valued at $5.1B in stock rolling indefinitely every 12 months.
This is not about price, its about reducing & tightening the share register.
Yes that last buyback 2018 was smaller yet very very effective.
It was the start of the ongoing current bull run in FMG.
This buyback programme is way larger and more flexible.
today a good V V intraday chart on lower open that hurts the DT shorts.
A green candle with 14c body 1c tail 5c head in a lower open & bullish 2 wave up pattern.
FMG is the largest buyer of FMG stock by far now.
Shorters beware the FMG BB2 crew are onto you & watching your every move.
BB2 crew are buying back and they are in daily and trying to stop loss the short sellers looks like.
Shorters, you can run but you cant hide, the BB2 crew are onto you.
Ann: Extension of Share Buy-back Programme, page-14
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Last
$17.97 |
Change
-0.360(1.96%) |
Mkt cap ! $55.32B | |||
| Open | High | Low | Value | Volume |
| $18.10 | $18.28 | $17.97 | $250.7M | 13.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 104054 | $17.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.07 | 4370 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |