yep they can certainly afford it, but my hunch, and admittedly it’s a low conviction one, is that public co shareholders after 15 years of no returns, want to see buybacks and dividends, not m&a.
a mutual is a different scenario where presumably they see the combination as a way to effectively scale and utilise their lazy balance sheet.
yep they can certainly afford it, but my hunch, and admittedly...
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Last
$4.07 |
Change
-0.030(0.73%) |
Mkt cap ! $2.234B | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.10 | $4.07 | $3.407M | 835.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10984 | $4.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 60338 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.07 |
Change
-0.030 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| $4.10 | $4.10 | $4.07 | 273132 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| VUK (ASX) Chart |