The Pro
I am hopeful for the stock even if just as a defensive, but the idea that stock buybacks are indicative of good times ahead is doubtful.
The theory is good but historically companies buy their own shares near peaks.
Why? Because they are optimistic, and optimism is most powerful at major tops.
back over $27.00, page-9
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Last
$29.64 |
Change
-0.255(0.85%) |
Mkt cap ! $36.24B | |||
| Open | High | Low | Value | Volume |
| $29.89 | $29.98 | $29.63 | $35.08M | 1.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 4715 | $29.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.64 | 2909 | 26 |
View Market Depth
| Last trade - 14.50pm 05/11/2024 (20 minute delay) ? |
| WOW (ASX) Chart |