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
$15.45 |
Change
-0.300(1.90%) |
Mkt cap ! $1.951B | |||
| Open | High | Low | Value | Volume |
| $15.80 | $15.80 | $15.40 | $2.421M | 155.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 145 | $15.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.46 | 153 | 6 |
View Market Depth
| Last trade - 10.50am 23/07/2025 (20 minute delay) ? |
| NEU (ASX) Chart |