Price is too high to meaningfully continue the buyback. They allocated $50 mil to buy a max. 100,000,000 and they have spent almost $30 mil for less than 15 mil SOI. I think if they have another successful year they may hang the boots up on the buyback and do a 3 for 1 consolidation instead, which would get the SP close to $10 and slow down the volatility from day trading, which they want to do.
A bull market, buyback, earnings upgrade, growth story and the market reaction have driven shorts away.
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- Ann: Update - Notification of buy-back - ZIP
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$3.37

Ann: Update - Notification of buy-back - ZIP, page-6
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Last
$3.37 |
Change
-0.060(1.75%) |
Mkt cap ! $4.350B |
Open | High | Low | Value | Volume |
$3.38 | $3.38 | $3.32 | $45.13M | 13.48M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | $3.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.37 | 133695 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | 3.360 |
1 | 5000 | 3.350 |
1 | 2500 | 3.340 |
7 | 30053 | 3.320 |
6 | 79525 | 3.310 |
Price($) | Vol. | No. |
---|---|---|
3.370 | 11950 | 5 |
3.380 | 3370 | 4 |
3.390 | 36986 | 3 |
3.400 | 7681 | 5 |
3.410 | 73631 | 2 |
Last trade - 16.18pm 08/08/2025 (20 minute delay) ? |
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ZIP (ASX) Chart |