I'm confused by the market reaction (down 6% as I write) as this seems like a good result to me.
If you have the confidence to assume the market simply has it wrong, then the depressed SP is good news as the buyback will get more shares for the same $, but the market reaction makes me wonder what I'm missing.
Ann: FY22 Results Media Release, page-2
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $720.4M | |||
| Open | High | Low | Value | Volume |
| $3.07 | $3.11 | $3.04 | $336.0K | 109.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 936 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.06 | 1404 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FPR (ASX) Chart |