I don't follow this company closely at all
So can someone explain why management have decided on a buy-back
Usually a buy-back is done when shares of the company are cheap
PME shares are not cheap
SO I am thinking this a real bad allocation of capital.
But I could be missing something
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 (20min delay)
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Last
$321.49 |
Change
1.050(0.33%) |
Mkt cap ! $33.49B | |||
| Open | High | Low | Value | Volume |
| $321.02 | $323.47 | $320.00 | $9.136M | 28.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9 | $321.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $321.54 | 13 | 2 |
View Market Depth
| Last trade - 14.36pm 29/07/2025 (20 minute delay) ? |
| PME (ASX) Chart |