One would have to think there is a reason to be buying back shares for between 95c & $1.01 & now announce a share purchase plan @ 87c.
Mathematically it does not make sense.
The buyback is for approx. 11.7 million shares over 12 months & was announced on November 6 but on December 1 they announce a share purchase plan for approx. 35 million shares.
The directors should come clean & advise exactly what is going on & why the change of heart from buying their shares one minute then selling for a lower price the next.
Ann: Share Purchase Plan , page-6
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Last
47.5¢ |
Change
0.010(2.15%) |
Mkt cap ! $64.06M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 47.0¢ | $20.45K | 43.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 45443 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 108784 | 3 |
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| Last trade - 15.48pm 06/11/2024 (20 minute delay) ? |
| NSC (ASX) Chart |