With such a high profit margin and low setup cost expected does anybody know how a share buyback plan would look like or what kind of amounts of shares company's sometimes look to recover? I believe it would be a win win situation for both investors and the company itself.
The possibility is many years away but it could be the next big catalyst 5-7 years from now. A simple example would be QAN which pushed it's shares right up with buybacks rewarding the CEO $20M as a bonus as the ceo bonus was tied to share price performance.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.75M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $48.48K | 7.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 22147619 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 12631090 | 12 |
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| ADN (ASX) Chart |