Guys the buy Back was announced when stock was 29c . Today it closed at 45c - that is 55% higher so perhaps at these levels the dollars are better spent on developing ringrose than buying back stock . Not saying the stock is not undervalued, but it is less undervalued than when it was 29-38 c - buy backs are best when their own stock is so cheap , it beats other options. I actually think them not buying back in the 40s and 50s show’s discipline
Ann: Quarterly Activities Report, page-70
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Last
38.0¢ |
Change
-0.005(1.30%) |
Mkt cap ! $344.3M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.5¢ | 37.5¢ | $792.7K | 2.063M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 208982 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 103320 | 4 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |