I agree there's too much weight placed on it here, but this is a discussion forum and it gives people something to talk about
It's a drop of water in the scheme of things. If they run one every year and increase the scale a bit it would have a cumulative material effect.
There's an optics component but they also just needed to do something with their capital. They still need to. Even with yearly buybacks they would have ample remaining capital for acquisitions or investment in manufacturing. The other argument is that dividends would be better, but as @CarlosG pointed out above there is a case that buybacks are better value for holders in the longer run.
I agree there's too much weight placed on it here, but this is a...
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.68 |
Change
-0.020(0.30%) |
Mkt cap ! $4.829B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.71 | $6.61 | $6.477M | 971.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12782 | $6.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.69 | 15324 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |