the whole thing about this SBB is smart.
it works like this. If share is cheap and no one buy, the company will buy them pushing it up. Then the only stocks available to purchase later is a more expensive price.
If buyers clean up the cheaper price, then its good for the company and existing holders. The company doesnt need to spend any money to buy back any stocks. The only expenses is probably some consultation cost with the broker.
We already see the effect of this arrangement before the actual buy back kick in.
- Forums
- ASX - By Stock
- Ann: ICI Acquires Significant Shareholding in ASX-listed Game Dev
the whole thing about this SBB is smart. it works like this. If...
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICI (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.24M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $15.83K | 754.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 156400 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 15762 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 156400 | 0.020 |
2 | 205049 | 0.019 |
5 | 190999 | 0.018 |
4 | 535000 | 0.017 |
3 | 330937 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 15762 | 1 |
0.022 | 754080 | 3 |
0.023 | 910000 | 3 |
0.024 | 607011 | 3 |
0.025 | 3215105 | 5 |
Last trade - 15.46pm 08/05/2024 (20 minute delay) ? |
|
|||||
Last
2.1¢ |
  |
Change
0.000 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
2.1¢ | 2.1¢ | 2.1¢ | 260920 | ||
Last updated 12.17pm 08/05/2024 ? |
Featured News
ICI (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online