This is how it's done. Massive buyback and increased fully franked dividend (14c or 13% at current SP) and the discount to NTA magically shrinks.
For once shareholders return takes priority over FUM and fees.
This is how it's done. Massive buyback and increased fully...
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Last
99.5¢ |
Change
0.005(0.51%) |
Mkt cap ! $37.34M | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | 99.5¢ | 99.5¢ | $14.80K | 14.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 164 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 13049 | 1 |
View Market Depth
| Last trade - 12.02pm 27/09/2024 (20 minute delay) ? |
| MEC (ASX) Chart |