I believe it is worth noting that the company is involved in a share buyback for toe past several months.
This share buyback to continue well into the third quarter of the calendar year AT LEAST if not extended, asI expect it to be.
The net result, presuming the same growth, would obviously be a substantial increase in the actual dollar value per share, regardless of what the SP reflects.
Important to remember that the top 20% hold over 70% of the company, and if they continue increasing their holdings along with the current share buyback, this will only increase the real value of each share, the actual share price on the ASX notwithstanding.
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- Ann: Media Release - Half-Year Results 31 December 2023
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