I don't agree, as that would only restrict them in the buy back
They can only push the price 3-5% above the rolling vwap
If the vwap is 2.2c, they don't have to pay that, but they can sweep everything under it
Allowing the vwap to drop is against their interests, as it caps the highest price they can pay under the buy back
More than likely lemmings seeing oil down 6% and panic selling, not thinking of the 2.1c cash balance etc
Ann: Change in substantial holding, page-11
-
- There are more pages in this discussion • 5 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 NGE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.12 |
Change
0.000(0.00%) |
Mkt cap ! $39.81M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2616 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 19000 | 1 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| NGE (ASX) Chart |
Day chart unavailable