Just in case people did not know, most buybacks have a rule of thumb / best practice that only a certain percentage of the daily turnover should be buyback related. This is to avoid distortions in the market and price. (covered at the AGM)
So there is no way that BRL are just going to jump in and take out 1m on offer at 13 (like they could have the other day). BRL is not that heavily traded at the moment, so the buyback is sort of stuck until/less volumes pick up outside of the BRL volume.
Just in case people did not know, most buybacks have a rule of...
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Last
78.0¢ |
Change
0.025(3.31%) |
Mkt cap ! $149.2M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 78.0¢ | 74.5¢ | $14.06K | 18.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4234 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 9139 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BRL (ASX) Chart |