They bought back 1.5% of the capital at 9.3cents per share. I’d say that’s good capital management. There is little/no available stock on the market right now so no point needlessly pushing up the price on low volume.
Much better if the full 10% is bought back at a low price than buying back 1-2% in terms of long term returns for shareholders.
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They bought back 1.5% of the capital at 9.3cents per share. I’d...
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Mkt cap ! $5.472M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 12060 | 8.2¢ |
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Price($) | Vol. | No. |
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14.0¢ | 494292 | 3 |
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No. | Vol. | Price($) |
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1 | 12060 | 0.082 |
1 | 200000 | 0.080 |
1 | 175000 | 0.060 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 494292 | 3 |
0.150 | 1074940 | 2 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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