A valued and significant gesture. Imagine the sp if he didn't vacuum up those 1 million shares!
But DNA's board could do even better by announcing a share buyback. If the cheapest casino to buy is your own, then buy its shares. Simple. Also, I presume that some shares assigned to Star's vendors are out of escrow, so a buyback would absorb some of that flood.
A 5% buyback would cost approx $17 million at current sp (831M x .05 x $.41). It is about equivalent to 2 cents per share, 22% of last year's net profit.
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A valued and significant gesture. Imagine the sp if he didn't...
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Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $38.29M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.1¢ | $7 | 240 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 200000 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 127232 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 200000 | 0.029 |
3 | 476000 | 0.028 |
1 | 100000 | 0.027 |
1 | 30000 | 0.026 |
1 | 20020 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 127232 | 2 |
0.032 | 43080 | 2 |
0.033 | 112500 | 1 |
0.035 | 526666 | 3 |
0.036 | 237449 | 2 |
Last trade - 10.31am 31/07/2024 (20 minute delay) ? |
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