And to answer your actual questions:
It may not mean they consider TAFTA to have great chances, but even good chances could convince them to do a buy-back, if they feel that the cash balance has spare capacity, and that their risk adjusted valuation of the shares shows them to be worth eg. $0.60+.
Why would people sell? The same reasons people today are selling for $0.43, but the buy-back could mean buying back shares from $0.43-0.50, so it would convince some further shareholders to sell (the ones who wouldn't accept $0.43, but would accept $0.48).
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- Ann: Notice of 2019 Annual General Meeting and Annual Report
Ann: Notice of 2019 Annual General Meeting and Annual Report, page-6
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Last
$1.29 |
Change
0.005(0.39%) |
Mkt cap ! $329.9M |
Open | High | Low | Value | Volume |
$1.28 | $1.29 | $1.27 | $125.5K | 98.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 19210 | $1.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.29 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 19210 | 1.275 |
4 | 7842 | 1.270 |
3 | 5929 | 1.265 |
3 | 13599 | 1.260 |
1 | 3100 | 1.255 |
Price($) | Vol. | No. |
---|---|---|
1.290 | 1 | 1 |
1.295 | 1780 | 2 |
1.300 | 115699 | 6 |
1.305 | 3100 | 1 |
1.310 | 3100 | 1 |
Last trade - 11.38am 12/09/2024 (20 minute delay) ? |
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