I think they have just wasted sholder value. Being not a resident, I do not care for dividends much but Aussie residents want them for the tax benefit. Cannot Mark Vassella and Penny Grau run a franking account and issue a dividend? they seem to struggle to run a buyback without major corrections.
and the buyback erodes value if the SP goes down after the company buys them back, defies the point of it.
Very self destructive IMHO?
BSL would be a much better company of it was well run IMHO.
Ann: Appendix 3E - Correction, page-19
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Last
$21.73 |
Change
1.170(5.69%) |
Mkt cap ! $9.534B | |||
| Open | High | Low | Value | Volume |
| $20.66 | $21.81 | $20.53 | $32.82M | 1.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10944 | $21.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.73 | 4291 | 2 |
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