Thought I'll clarify a little on the buy back, trivial issue anyway but long term investors have been following this closely.
Buy back was actioned by Merchant Group, DCC basically did a placement for Zhenya's share @ 5 cents back when DCC was trading at about 7 cents. So Zhenya was basically getting 3 cents per his 1 share when it was trading at 7 cents. Merchant bought the shares at the then discount @ 5 cents.
It's all irrelevant since right now looks like the share price is being manipulated and capped at 5 cents.
Now Zhenya's share is off the registers, this means that there isn't anything legally linking Zhenya's holding to us and Leigh can go on to finalize more deals.
- Forums
- ASX - By Stock
- Ann: Announcement of buy-back - Appendix 3C
Thought I'll clarify a little on the buy back, trivial issue...
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.92M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.7¢ | $71.51K | 1.869M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 193471 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 589 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 193471 | 0.036 |
7 | 168858 | 0.035 |
4 | 325000 | 0.034 |
3 | 25000 | 0.033 |
5 | 51156 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 589 | 1 |
0.039 | 128205 | 1 |
0.040 | 200000 | 1 |
0.041 | 12195 | 1 |
0.042 | 142000 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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DCC (ASX) Chart |