There is a chance that the institutions might sell into the buyback and keep the price capped.
Currently, the sentiment IMO for MFG is either buy or sell. Very little in between.
Ann: On-Market Share Buy-Back, page-51
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 (20min delay)
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Last
$10.62 |
Change
0.220(2.12%) |
Mkt cap ! $1.899B | |||
| Open | High | Low | Value | Volume |
| $10.40 | $10.64 | $10.40 | $4.341M | 411.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11000 | $10.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.62 | 21652 | 2 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| MFG (ASX) Chart |