Obviously am not as smart as a J Capital executive, but if HLI buy back 65,550,669 shares with a cap of A$100,000,000 that implies the price the shares are bought back at would be A$1.526 per share - which is LESS than current share price.
$100m On-Market share buy back from September 2023, page-12
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Last
$3.86 |
Change
0.050(1.31%) |
Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.86 | $3.79 | $2.238M | 584.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2868 | $3.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.86 | 8921 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |