I view it as an attempt at a show of support from Kapea and Tacon to their shareholders who are yelling and screaming at them for not doing anything to support their own share price. If they are as confident in the future of BRL as they profess to be, surely buying a few shares at 11 cents is the easiest decision for them. What is clear is that the market did not even notice their efforts. If this had been say, a US listed company, you can be sure the shares would have soared if the company had any credibility, the minute an insider buying was announced.
I still have don't have ANY explanation for why the company is not buying back their own shares when they claimed they are "fully committed". The shares will not languish at such rock bottom levels for long after that. Which of course tells you how terrible the company's investor relations truly is. Oh I forgot...they don't even have an investor relations person! Yup...keep your head down and while you are at it, cover your ears so you don't hear the screaming of your shareholders, Tacon & co.
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Last
69.0¢ |
Change
-0.010(1.43%) |
Mkt cap ! $132.0M |
Open | High | Low | Value | Volume |
69.5¢ | 70.0¢ | 69.0¢ | $6.197K | 8.862K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4689 | 63.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
69.5¢ | 3241 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4689 | 0.635 |
1 | 1180 | 0.610 |
1 | 299 | 0.600 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.695 | 3241 | 1 |
0.710 | 20689 | 1 |
0.735 | 10000 | 1 |
0.740 | 4357 | 1 |
0.750 | 11500 | 1 |
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