Yes, they are not under obligation to buy back a single share. However, according to ASX rules, they are under obligation to inform the market immediately if their intention regarding buy back has changed (Appendix 3D) or they decided to stop buying back (Appendix 3F)
Since there were no such notifications I assume buy back is still in play. If by end of buy back period company won't buy a single share and market is not informed I guess ASIC would have some questions
Ann: Share buyback to commence 5 October - 1Q23 Trading update, page-90
-
- There are more pages in this discussion • 40 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 A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.73 |
Change
0.140(2.50%) |
Mkt cap ! $4.148B | |||
| Open | High | Low | Value | Volume |
| $5.50 | $5.79 | $5.49 | $16.48M | 2.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11368 | $5.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.74 | 18938 | 2 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |