Why did management structure it this way? Wouldn’t it been more beneficial for long term shareholders if they just announced an off-market buyback say @ 80c for up to 15% of shares?
Why announce a distribution to buyback shares @ 85c when they could just buy directly off shareholders without a distribution at a lower price?
Ann: Capital restructure and EGM, page-3
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.12M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $53.67K | 379.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 146170 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 134678 | 3 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| AVG (ASX) Chart |