A buy back is only worth doing if it’s eps accretive to shareholders. That is to say that the share price is less than its intrinsic value. Based on current guidance and my calculations this appears to be the case so a buyback would be beneficial to shareholders who choose not to sell into it. However, the problem is leadership and management which the board needs to address sooner rather than later imho.
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Last
$1.00 |
Change
-0.215(17.7%) |
Mkt cap ! $223.0M |
Open | High | Low | Value | Volume |
$1.25 | $1.27 | 99.0¢ | $33.62M | 31.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 117991 | $1.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.01 | 69030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 25000 | 1.000 |
4 | 23908 | 0.995 |
10 | 89154 | 0.990 |
3 | 13428 | 0.985 |
5 | 81791 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.010 | 16001 | 1 |
1.015 | 935 | 1 |
1.020 | 10266 | 3 |
1.025 | 4030 | 2 |
1.030 | 6000 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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