Well NZO sells out it"s stake in PPP, and now turns around and buys back in again at a higher price.
And to boot, it doesn't patiently nibble, instead goes and throws the cheque book at it.
I"ll await signs they can find better use for their cash. At 20 c probably faultless, but at 28 cents perhaps a buyback of their own shares about as good and less messy cashflow/taxwise.
EL
nzogs great u turn
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $83.98M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.5¢ | 36.5¢ | $3.528K | 9.436K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37136 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 31636 | 2 |
View Market Depth
| Last trade - 14.29pm 10/07/2024 (20 minute delay) ? |
| NZO (ASX) Chart |