I would suggest a lot of disappointment is coming from traders that were looking to cash in on a big pump in price and then dump their stocks x div or the day before.
From a company perspective, if you’re looking to buy back one fifth of the shares, it would be smarter to do this at a lower price.
The ones losing their heads today are traders that don’t believe in the company- if they did, they would see that a cheaper buyback sets up the stage for truly huge returns given current conditions continue.
I would suggest a lot of disappointment is coming from traders...
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Last
$8.61 |
Change
-0.060(0.69%) |
Mkt cap ! $7.203B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.69 | $8.55 | $27.44M | 3.184M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 33063 | $8.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.62 | 5000 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |