It looks like that share buy back is being done for special or very lucky shareholders after the special or very lucky shareholders buy shares at low prices.
Or is there not enough fund to buy back shares now?
Anyway it seems that share buy back was doing very strange time.
(ASX:SEC) half-year FY24 results webinar, page-23
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Last
17.3¢ |
Change
0.008(4.55%) |
Mkt cap ! $269.3M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $14.24K | 81.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 114133 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 566291 | 16 |
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| SWM (ASX) Chart |