So trying to get into the head of the largest shareholders who have had a chat to Peter no doubt...
I guess they want buybacks to roughly equal the interest being generated with maybe some monthly profits been thrown in as well. This would leave less shares with same amount of cash, if they do this for 3 years they may buy back 10%. Close the company and do some rehab and they walk out with a 11% uplift to current scenario of a payout of about 35c ....
Why bother ... it must be disheartening to the board not being able to run a company properly
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $312.5M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.0¢ | $276.1K | 1.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 123858 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 391562 | 7 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |