Yes it’s possibleBut when the buyback was happening the shares were bought low and in a frugal way. There was not many shares on the sell side so it would have been easy to push it up with buy backs then dump insider shares … but this is not what happened at all
It looked more like accumulation in the 13, 14, 15c zone done in an economical way
I hope that’s because of managements skin in the game - and the follow on conclusion I hope is that they continue to do what’s best for shareholders. Time will tell
Ann: Corporate Governance Updates, page-9
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $48.52M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $40.31K | 261.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 5168189 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1855558 | 22 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |