yes in that scenario they would be using about 350m of cash to cancel about 13% of shares on issue, all else being equal the price should go up by 13%, we will find out in the next week or two (it might go up 20% back to 1.11 factoring in a xmas rally)
do you believe they should be using that cash for something else?
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Last
$1.23 |
Change
-0.015(1.20%) |
Mkt cap ! $3.114B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.25 | $1.22 | $4.286M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1639 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 147575 | 12 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| AMP (ASX) Chart |