Since FY18 TBR has paid $4.10 in fully franked dividends. Many TBR shareholders hold stock that owes them nothing. They are in no hurry to sell as the dividend cheques keep coming and they know their stock is worth $10+. The buyback will set a baseline to protect present holdings. There is no such thing as no downside to a stock, but TBR is very close to that mark. Present market prices are a gift!
155k shares traded at $3.55, page-27
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Last
$3.97 |
Change
0.170(4.47%) |
Mkt cap ! $208.2M | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.97 | $3.79 | $31.86K | 8.053K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4137 | $3.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 6242 | 3 |
View Market Depth
| Last trade - 10.29am 30/08/2024 (20 minute delay) ? |
| TBR (ASX) Chart |