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.
buyback is often used by the board to signal the future...
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $36.62K | 234.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17046 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 31342 | 5 |
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| Last trade - 14.15pm 12/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |