Probably doesn't make a difference, but I would've preferred they didn't mention no further buybacks in the recent meeting. Rather that they announced another one but use only as a buffer when required. A buyback doesn't have to be acted on, Clinuvel announced two buybacks and have only bought back 30k odd shares. Not sure if they think the threat of a buyback should give shorters pause, but having a buyback at the ready could be a useful option especially as we're in the bottom of the valley waiting to climb out.
Ann: Update - Notification of buy-back - NEU, page-6
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Last
$16.48 |
Change
-0.290(1.73%) |
Mkt cap ! $2.076B | |||
| Open | High | Low | Value | Volume |
| $16.58 | $16.74 | $16.40 | $9.107M | 549.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 864 | $16.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.50 | 1668 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| NEU (ASX) Chart |