buyback is often used by the board to signal the future prospects of the company. So it is likely that we may receive good news soon.
As a responsible board, Why should the company spend money to buy back the shares on market if they do not believe that the future share price will go up. Personally I see buyback as a positive signal.
Ann: Annual Report to shareholders, page-48
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $51.66M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $60.89K | 329.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 143570 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 26256 | 2 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| NVA (ASX) Chart |