A buy back is only as good as the company’s commitment to spending cash.
Too often, companies announce a buyback, the punters get excited, but then they don’t purchase enough stock to materially raise the share price. I.e. it becomes an ineffective window-dressing exercise.
Let’s see whether they do a proper buyback or a Clayton’s buyback.
But if they are going to do it properly, why not just announce a small dividend instead?
Ann: Trading Halt, page-11
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(5.00%) |
Mkt cap ! $45.34M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $49.26K | 5.037M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 29869591 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 16293155 | 18 |
View Market Depth
| Last trade - 13.02pm 03/10/2024 (20 minute delay) ? |
| BRK (ASX) Chart |