I agree with your first paragraph. Surely there are better uses for the money ? What hard evidence is there anyway that the shares are that cheap.
In my experience small caps who do buybacks generally end up with egg on their face. And that's just the profitable ones.
I agree with your first paragraph. Surely there are better uses...
Add ATG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.9M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.0¢ | $15.69K | 39.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45946 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 565 | 1 |
View Market Depth
| Last trade - 14.02pm 05/07/2024 (20 minute delay) ? |
| ATG (ASX) Chart |