"This statement implies that the company values itself in an...

  1. 5,515 Posts.
    lightbulb Created with Sketch. 2597
    "This statement implies that the company values itself in an unbiased and objective fashion" – I apologise. I absolutely didn't intend to imply this. What you describe in your post is exactly correct: the CR price is the result of negotiations between the company and the buyers. When the price is disclosed to the wider market, it amounts to a statement from the company that "this is the best price we could get, and we accept it". It sends a pretty strong signal.
 
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(20min delay)
Last
26.0¢
Change
-0.010(3.70%)
Mkt cap ! $143.3M
Open High Low Value Volume
26.5¢ 26.5¢ 25.5¢ $187.0K 718.0K

Buyers (Bids)

No. Vol. Price($)
10 141134 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 177661 7
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Last trade - 13.15pm 31/07/2025 (20 minute delay) ?
AL3 (ASX) Chart
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