Holders who are against the buyback are a bunch of idiots.
Obviously, if the company spends $1.82 to reduce the claim on the company's cash pile by $2.30ish (to say nothing of our exploration assets) then the holders who remain will collectively see their ownership increase by 48c.
It's basic arithmetic.
Holders who are against the buyback are a bunch of idiots....
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Last
$1.53 |
Change
-0.045(2.87%) |
Mkt cap ! $1.188B | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.57 | $1.49 | $9.783M | 6.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1520 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 90128 | 2 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| KAR (ASX) Chart |