I see buy backs in this context to be predominantly optics driven.
Done to appease misguided investors who think that it actually matters.
People who place weight on this don't actually understand the distinction between short term price signals in the share price and intrinsic value of an investment.
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- Ann: a2MC completes on-market share buyback
A2M
the a2 milk company limited
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1.51%
!
$7.83

I see buy backs in this context to be predominantly optics...
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Last
$7.83 |
Change
-0.120(1.51%) |
Mkt cap ! $5.669B |
Open | High | Low | Value | Volume |
$7.97 | $8.02 | $7.77 | $13.40M | 1.707M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7033 | $7.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.83 | 8457 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7033 | 7.820 |
2 | 3640 | 7.800 |
3 | 11149 | 7.790 |
1 | 3500 | 7.780 |
2 | 19112 | 7.770 |
Price($) | Vol. | No. |
---|---|---|
7.830 | 8457 | 3 |
7.840 | 5703 | 1 |
7.850 | 10165 | 3 |
7.860 | 4000 | 1 |
7.900 | 4213 | 1 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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A2M (ASX) Chart |