25c was a bargain and still good if August plays out how they expect. Regarding the buyback I started to think the same thing too (ie. Isn't the dividend coming up?), But didn't want to be endlessly speculating given I have no actual idea. I guess we just have to trust theres a decent plan here. Given they are the largest shareholders anyway I'm sure they have some strategy on the go. From a capital allocation perspective, buying back shares under 40c seems very accreditive so I don't why they didn't act.
25c was a bargain and still good if August plays out how they...
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Last
52.0¢ |
Change
-0.015(2.80%) |
Mkt cap ! $69.00M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.0¢ | 52.0¢ | $16.90K | 32.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 540 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 10754 | 1 |
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| Last trade - 15.48pm 04/10/2024 (20 minute delay) ? |
| MAM (ASX) Chart |