Good news.
If prices hover around these levels that's an additional 6%+ of the company repurchased, taking the total to over 10% repurchased.
Makes perfect sense to buy back the company's own stock given the valuation.
Basically, why acquire something else unless it is cheaper? Even still, then there can always be skeletons in the closet of an acquired company.
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Last
$1.62 |
Change
0.020(1.25%) |
Mkt cap ! $319.1M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.63 | $1.58 | $1.023M | 638.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3452 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 2877 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| SVR (ASX) Chart |