A2M should apply the Apple Inc shares buy back strategy, If my memory servers me correctly: Apple Inc did not pay dividend over 10 years until recently (2018 or 2017) meanwhile the company used 10% of yearly net profit to do the shares buy back and the rest was used for further growth - a win-win situation and we all know Apple Inc is the 1st company to reach 1 trillion dollars company.
Likewise, A2m can use 10-15% of yearly net profit to do the shares buy back (for as long as the market conditions allow) and the rest used for further growth purposes - a win-win situation in MHO only.
Media Updates, page-2014
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Last
$5.28 |
Change
0.090(1.73%) |
Mkt cap ! $3.822B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.29 | $5.14 | $18.87M | 3.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12652 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.29 | 3513 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |