The investor update released today said they are betting on a V-shaped recovery so I agree with hobbes likely to still be 95% net exposure.
I hope they are right. I think that is a valid possibility but people are irrational and panic/over-reaction/lockdowns etc might also set us into a death spiral. Could go either way. I'm glad they are communicating the strategy at least so investors know what they are getting into.
Ann: Appendix 3C - Announcement of On-Market Share Buy-Back, page-8
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Last
$1.39 |
Change
-0.010(0.71%) |
Mkt cap ! $109.5M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.39 | $521.9K | 373.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10800 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 10000 | 1 |
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| Last trade - 15.39pm 09/08/2024 (20 minute delay) ? |
| TGF (ASX) Chart |