When the buy back started BMA mines were not on the market. Once BMA assets came onto the radar the buy back slowed down.
this is a stupid argument.
buy backs reduce shares on issue, while market capitalization remains the same. This drives the share price higher. You directly benefit through this.
Ann: Whitehaven refinances acquisition bridge facility, page-22
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Last
$7.65 |
Change
0.450(6.25%) |
Mkt cap ! $6.399B | |||
| Open | High | Low | Value | Volume |
| $7.60 | $7.80 | $7.40 | $109.4M | 14.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43827 | $7.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.66 | 1500 | 2 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |