The company is buying back and cancelling ~150k shares at ~14c, and ~75k shares at ~10c, that were issued under the loan share scheme i.e. to employees.
Without looking into the details of the scheme, it sounds like an employee(s) bought that many shares via a loan from the company but has not paid for them and e.g. may no longer work there.
Ann: Appendix 3C - Loan Share Plan Buy Back , page-3
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Mkt cap ! $16.46M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $23.67K | 2.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 13454700 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 250000 | 1 |
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| Last trade - 15.08pm 28/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.8¢ | 0.7¢ | 2027477 | ||
| Last updated 15.57pm 28/05/2024 ? | |||||
| PAB (ASX) Chart |