yeah, exact quote:
"The Board considers that the Company’s current share price does not accurately reflect the underlying value of the Company’s assets and growth prospects, amidst a global gaming market that has experienced enormous expansion during recent times, and the Share Buy-Back represents an opportunity to add value to the remaining shares on issue. ... The Company proposes to instruct its broker, Taylor Collison, to take a position in the market only where the position maximises the benefits of the Share Buy-Back to the Company."
interesting weeks ahead leading into the 4C; & if a positive announcement drops in the interim (like CS hitting $1M) i think SP will be +10 cents again.
also i think management sees fair value of +14 cents, because $0.14 is the 9 December 2020 CR price that raised the $10M~, which is the cash being used in this buyback. (the CR included attaching options with $0.22 strike price; so +22 cents i think will be the next target)
- Forums
- ASX - By Stock
- Ann: On Market Share Buy-Back
yeah, exact quote:"The Board considers that the Company’s...
-
-
- There are more pages in this discussion • 340 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICI (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $26.89M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $2K | 100K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199222 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 11 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 199686 | 0.020 |
5 | 362880 | 0.019 |
9 | 957110 | 0.018 |
7 | 1038122 | 0.017 |
4 | 670000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 11 | 1 |
0.022 | 73000 | 2 |
0.023 | 105329 | 1 |
0.024 | 478188 | 2 |
0.025 | 6000 | 1 |
Last trade - 10.55am 29/08/2024 (20 minute delay) ? |
Featured News
ICI (ASX) Chart |