One thing that the half year accounts highlights is the pedestrian nature of the buy-back. Only $7.47m spent to 31 December.
The buy-back when announced was for 10% of issued capital or 158m shares. At an average share price of around $0.45, this equates to about $71m for the buy-back. They have spent only about 10% of this in the first half. You must wonder if they are truly serious about the buy-back or whether it was just crumbs scattered around last year to avoid discussions about a dividend.
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $238.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $141.7K | 946.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80801 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1047806 | 20 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SWM (ASX) Chart |