Yeah whilst I would prefer that they just focused on getting the job done which at the moment is offloading the novel technologies I would be very comfortable with them announcing a buy back. That should scare off the shorters. If this share price drop relates to BNY offloading their remaining 4.9%, then I also would be happy for the company to buy those back and cancel them $2M-$5M worth.
Ultimately it is however most important they have enough money to last 10 years.
i am the iceman!
Buy-back now, page-6
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Last
$3.49 |
Change
-0.050(1.41%) |
Mkt cap ! $839.8M | |||
| Open | High | Low | Value | Volume |
| $3.52 | $3.54 | $3.49 | $114.0K | 32.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 783 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 1819 | 14 |
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| Last trade - 10.43am 18/09/2024 (20 minute delay) ? |
| SLX (ASX) Chart |