Best time to do a buy-back is after you have got all the bad news out into the Market.
Also, I think with Hamish gone, that will free up the investing team to make any hard decisions re portfolio changes.
MFG certainly deserved a share price shellacking, but true to form the Market has probably overcompensated to the down side.
Ann: On-Market Share Buy-Back, page-53
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Last
$10.28 |
Change
0.300(3.01%) |
Mkt cap ! $1.838B | |||
| Open | High | Low | Value | Volume |
| $10.05 | $10.28 | $10.05 | $7.076M | 692.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 781 | $10.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.29 | 10941 | 6 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| MFG (ASX) Chart |