Ann: Update - Notification of buy-back - CAA, page-4

  1. 3,394 Posts.
    lightbulb Created with Sketch. 270
    Why do you say that "Enough to slowly accumulate without pushing the price too high too quickly." ? Because the facts' are different as since they started the buy back in Sep 2023 share price was pumped to 27% (based on highest price) or 20% based on last close within six months roughly so that equates to 40% p.a price rise and that doesn't align with your claim "without pushing the price too high too quickly" ! The Share price is on steroid in my opinion.

    The stock was consolidated in past which was poor move and to make it worst they then started buy-back which now leaving only 17m shares outstanding with roughly 70% owned by top 20 holders ! The liquidity of the stock is poor.


    https://hotcopper.com.au/data/attachments/6148/6148001-f82f251e1c2dce551434f375043bb08e.jpg
    https://hotcopper.com.au/data/attachments/6148/6148003-7f715e3a3931e0bd2d84062234bd6760.jpg

    Last edited by UberTrader: 05/05/24
 
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Last
$10.14
Change
-0.410(3.89%)
Mkt cap ! $168.5M
Open High Low Value Volume
$10.41 $10.48 $10.14 $102.3K 9.879K

Buyers (Bids)

No. Vol. Price($)
1 681 $10.13
 

Sellers (Offers)

Price($) Vol. No.
$10.35 1750 1
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