In this case I am pretty sure that the BB is not just a straight forward go on market and buy some shares now kind of scenario. I would hazard a guess that when you see that some shares have actually been bought is when Mac has not ended the day square from supporting the price with their trading program. I don't think a few measly shares from total volume days of 20 plus mill would support the price all that much. It is the way they go about buying and selling all day that supports the price. Of course my opinion only and just a guess anyway.
Ann: Daily share buy-back notice - Appendix 3E, page-15
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |