The article states that BNG didn't buy any shares. They could easily have sold their holding.
However I agree with DSK's sentiment that it would be stupid for them to start doing a buy back in an uncertain economic period when discretionary retail is in a slump and there are still inflationary effects. Buybacks are nice but so is a company with no debt and enough capital to get through. Unless BNG has a seat on the board or it comes up for a vote at AGM, they have to like it or lump it.
The article states that BNG didn't buy any shares. They could...
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Last
60.0¢ |
Change
-0.020(3.23%) |
Mkt cap ! $37.36M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.5¢ | 59.5¢ | $85.05K | 140.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23935 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 5241 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| DSK (ASX) Chart |