Because the price is lower they have increased the share buy back.They said they were prepared to spend 10 million. It works in our favour (or AA’s), as the lower the share price the more shares get bought back and cancelled. Long term, if this woofie ever regains people’s confidence there will be a lot fewer soi. That is of course if AA doesn’t swoop in before that and take it private.
Trading Update due tomorrow?, page-17
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Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $218.6M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.5¢ | 44.0¢ | $63.37K | 141.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198663 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 18865 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| HUM (ASX) Chart |