you have hit the nail on the head. It increases the eps but at the same time decreases the net cash per share or increases the net debt per share.
It is in effect a 100% geared investment in your own shares. Great if your shares are going up in future. Not so if your’s are heading down as they have with amp.
What is the aim of the buyback?, page-3
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.11 |
Change
-0.005(0.45%) |
Mkt cap ! $2.900B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.10 | $6.003M | 5.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 73678 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 88869 | 10 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |