I,d like to see the mentioned share buyback unfold.
What’s the aim of ur BB?
If ur aim is to try to keep the SP at about the current level, produce a graph that shows the determining factor, whether its the current ore price or the amount spent and number of shares bought back.
So far as I can see, the recent BB’s have been ludicrous when commodity companies product prices have been at there peak.
It like BOD and management team are prepared to gamble with excess monies to extract a few more cents to up their reward packages
What do I know, I’m just a hobbyist investor in a manipulative market controlled by the T20!
News: FMG Fortescue Says HY Net Profit Attributable Down 15% To $2,368 Mln, page-16
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Last
$16.13 |
Change
-0.070(0.43%) |
Mkt cap ! $49.66B | |||
| Open | High | Low | Value | Volume |
| $16.23 | $16.47 | $15.93 | $188.9M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3323 | $16.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.15 | 750 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |