buy back would be an excellent use of funds
im surprised the ignorance above:
- buy back is nothing like a consolidation
- on market buy back is irrelevant for franking credits, and also now (recently) not possible off market
- why would TER want to raise capital, and are you arguing they should stockpile hundreds of millions “just in case”? Also such short memories of how we very nearly wasted more money in Africa recently… I’d much rather have cash returned and let us choose where to reinvest it that leave with this mob.
- SBBs are not for companies with “no other way of spending their cash” - they are for companies where board believe share price is significantly undervalued
- I have no idea what the comment about “opportunists buying back in lower” means that’s ridiculous
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $176.2M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 20.5¢ | $581.0K | 2.685M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 485 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 592417 | 15 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TER (ASX) Chart |