"Does anyone know if they still got BB active? Perfect time to be doing in this market"
Yes.
PME always have a 10% buy back facility in place.
The current one runs until 31/3/2025, but no doubt will be reinstated for another year.
PME do not have enough spare cash to move the market by weight of money.
Rather, buying back some stock is way to signal to the market that the company thinks a price retreat has been overdone.
Their purchases at past low points have been excellent.
Investors would have done well to have copied them.
Cheers
Ann: PME signs A$40M, 7-year contract with LucidHealth, page-20
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Last
$270.50 |
Change
-8.600(3.08%) |
Mkt cap ! $28.25B | |||
| Open | High | Low | Value | Volume |
| $280.60 | $280.77 | $267.13 | $52.46M | 193.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | $269.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $270.58 | 599 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| PME (ASX) Chart |