Yeah, they may not go the full distance, but unless they're going to really be committed to it, it's not likely going to work.
I'm not convinced it's going to work regardless of what they do, other than either have a couple of cracking years of performance, or significantly reduce the fee drag. Like they could have just reduced the fee 25%, rather than buy back 25%!
Ann: Commencement of Increased On-Market Buy-back, page-4
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Last
$1.95 |
Change
0.010(0.52%) |
Mkt cap ! $569.9M | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.97 | $1.95 | $554.4K | 283.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40116 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 38457 | 13 |
View Market Depth
| Last trade - 14.40pm 11/07/2024 (20 minute delay) ? |
| VG1 (ASX) Chart |