Does it make sense for management to do a buy back at current low price? I mean there are only 4% free floating out there = 120m shares, so say they spend $50m to do a BB over next 12 months, that could wipe out 20m shares down, could easily share price trend up much faster.
Ann: Appendix 3Y - R Jain, page-7
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Last
$2.77 |
Change
-0.080(2.81%) |
Mkt cap ! $8.180B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.97 | $2.68 | $23.12M | 8.374M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 84385 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 7200 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| GQG (ASX) Chart |