And thats just to reduce shares on issue by a bit over 2%..... I could somewhat understand the buyback when we were at 3.6 ish (I think that was the last buyback price) but this seems wasteful. 8 million would probably equate to 4-6 acquisitions which would be a far better return than a 2% reduction of shares on offer.
Is Brett trying to shore up the share price for a potential takeover?
Ann: Daily share buy-back notice - Appendix 3E, page-6
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Last
$10.82 |
Change
-0.380(3.39%) |
Mkt cap ! $489.8M | |||
| Open | High | Low | Value | Volume |
| $11.20 | $11.34 | $10.80 | $626.3K | 56.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 696 | $10.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.65 | 400 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| KPG (ASX) Chart |