Can anyone explain to me this hypothetical...
With the company stock worth <$200 mil, and net cash >$100 mil. I'm so confused, if stock continues to dive and cash continues to rise can't companies just buy all their own stock back? Although of course the more that's bought the higher the SP goes...
Genuinely confused as if I'm missing something
Can anyone explain to me this hypothetical...With the company...
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Last
81.0¢ |
Change
-0.015(1.82%) |
Mkt cap ! $673.7M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.0¢ | 80.0¢ | $1.009M | 1.244M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 574 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 27837 | 2 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| MYR (ASX) Chart |