My only issue with that is they've been holding it for 'growth opportunities' for years now. There needs to be greater transparency about what exactly they need it for. There is a guaranteed $150M+ more being banked every year.
I don't really see much excuse for not running a buyback of that size annually at this point, given where the SP is at, it seems like the best value for shareholders.
Ann: 1H24 Results Presentation, page-7
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.81 |
Change
0.100(1.49%) |
Mkt cap ! $4.923B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.84 | $6.70 | $10.26M | 1.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9090 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.81 | 17768 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |