The buyback is interesting, I believe its still probably quite good value if they can pick up a few shares at the moment on the basis it doesnt impact future drill plans.
They could announce a new buyback tomorrow (Im not double checking these numbers but think the logic is correct), lowest shares in the last 12months c4.8b x 10% = 480m less shares purchased in last 12 months c250m = new 230m share buyback.
Then if they think they want to further increase the buyback then they can seek to increase it at AGM time.
Banter and General Comments .. BRK, page-11091
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $62.67K | 4.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 16812807 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22002260 | 13 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |