Ann: Notification of buy-back - ACW, page-8

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IndexInvestor

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07/11/24

02:19

Post #: 76490115
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Originally posted by EWexplorer: ↑

The buyback date is set at 26/11/24 so unless the SP appreciates hugely by then there are no options that are in the money to enable cashless conversion - right?

Perhaps the company pays the B-Scholes value for all the outstanding out of the money options and therefore "buys these back"? They will be cheap as chips being so far out of the money - then re-issues these as employee incentive options at a much lower price - 5c? Lower?

I'm grasping at straws here.

I can't see the positive for SH'ers, can you? Not normal.

@IndexInvestor

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It's a buyback of shares, not of options.

Any shares bought back for zero consideration is good.

Hold, Held

Last edited by IndexInvestor: 07/11/24
3 Upvote

0 Great analysis

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(20min delay)
Last 2.6¢		Change 0.001(4.00%)		Mkt cap ! $79.42M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.6¢	$2.754K	105.9K

Buyers (Bids)

No.	Vol.	Price($)
2	819200	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	523059	6

View Market Depth

No.	Vol.	Price($)
2	819200	0.025
15	2621414	0.024
13	7534257	0.023
14	2998266	0.022
11	5952910	0.021

Price($)	Vol.	No.
0.026	523059	6
0.027	641238	6
0.028	1137863	10
0.029	1378142	5
0.030	2678247	12

Last trade - 09.59am 29/07/2025 (20 minute delay)

ACW (ASX) Chart

Ann: Notification of buy-back - ACW, page-8

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Ann: Notification of buy-back - ACW, page-8

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