Always thought our Share Price should be approx double what it is now. As a comparison, I have seen Explorers (yet to produce anything) in the $1 range, about a third of our SP and earning no income !!
The lead weight for S32 just IMO is the sheer volume of shares we have had on issue ... and as a mark of good Management this is being addressed by these buybacks. Seems a bit tedious, but as another poster pointed out we now have about 10% less shares on issue, and more to come, all helping our return on capital metrics.
GLTH
Ann: Daily share buy-back notice - Appendix 3E, page-2
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Last
$3.68 |
Change
0.145(4.11%) |
Mkt cap ! $16.66B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.70 | $3.61 | $45.52M | 12.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 288704 | $3.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.68 | 151406 | 61 |
View Market Depth
| Last trade - 14.44pm 27/09/2024 (20 minute delay) ? |
| S32 (ASX) Chart |