Best time to do a buy-back is after you have got all the bad news out into the Market.
Also, I think with Hamish gone, that will free up the investing team to make any hard decisions re portfolio changes.
MFG certainly deserved a share price shellacking, but true to form the Market has probably overcompensated to the down side.
Ann: On-Market Share Buy-Back, page-53
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Last
$9.00 |
Change
-0.020(0.22%) |
Mkt cap ! $1.623B | |||
| Open | High | Low | Value | Volume |
| $9.01 | $9.07 | $8.91 | $4.153M | 461.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2839 | $8.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.02 | 7991 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |