My view is that it isn't about reducing the SOI or even increasing the price short term. They could do a sharesplit and then the buy back, if SOI is a concern. What it does achieve is increase the percentage of the company each shareholder owns so that any future success is shared across less holders.
Ann: Positive Final Results in Stroke Study CUV801, page-17
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Last
$14.68 |
Change
-0.240(1.61%) |
Mkt cap ! $735.1M | |||
| Open | High | Low | Value | Volume |
| $14.75 | $14.92 | $14.65 | $503.5K | 34.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 448 | $14.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.74 | 149 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| CUV (ASX) Chart |