Anyone think the company should consider a share buyback right now?
While the company is in limbo, sitting idle, with shorts playing and longs waiting, could be an ideal time to give the market and SP some authority with a buyback of X shares.
Would instill some much needed confidence into the SP imo, prior to a TOL, short covering, traders buy n sell etc.
Just a thought.
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$6.40 |
Change
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Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |