Cool.
I'm not accusing you of saying QAN was a short at $3.50 etc., but other posters did if you care to dig into the archives of these threads.
There are positives and negatives to buybacks, and maybe this one is purely strategic.
The argument has been the buyback has pushed the price up. Today? What's the reason? US market rally? Perhaps, OK, most likely.
The idiotic fiduciary management have so far netted me just over 33% profit. The more stupid they get, the wealthier I do.
In that case, to hell with Darwinian reasoning, go stupidity!
End of buyback, page-28
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Last
$6.09 |
Change
0.060(1.00%) |
Mkt cap ! $9.923B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.11 | $6.04 | $25.10M | 4.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8587 | $6.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.09 | 127451 | 10 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| QAN (ASX) Chart |