The buyback operates if the share price is below NAV ... even if its just a couple of cents below. I think it has been very effective to stop the discount ever getting out of control with RF1. I am hoping this now starts trading at a premium and then the buyback won't be required.
Ann: ASX Announcement Investment Strategy Change, page-7
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Last
$3.29 |
Change
0.000(0.00%) |
Mkt cap ! $625.1M | |||
| Open | High | Low | Value | Volume |
| $3.29 | $3.30 | $3.26 | $429.2K | 131.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9227 | $3.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.31 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| RF1 (ASX) Chart |