Not sure this buyback was such a good idea! Could have used the funds to increase dividend and underwrite future dividends. Plenty of franking credits available to frank dividends and only 93m shares on issue. I feel this policy would have helped the price and market confidence a lot more than a buyback structured the way it presently is. They should abandon the buyback and make sure dividends keep coming. Only a thought of a simple man but it looks a simple thing. Any thoughts anyone?
Ann: Daily share buy-back notice - Appendix 3E, page-2
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Last
36.0¢ |
Change
0.005(1.41%) |
Mkt cap ! $79.03M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 35.0¢ | $79.95K | 228.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 102617 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 100000 | 1 |
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| MCE (ASX) Chart |