It appears to be solely the buy-back that is keeping the share price at $0.15. Today's buy-back notice shows that on Friday, 18m of the 19.4m in volume was attributable to the buy-back.
Under the 10/12 rule there was only ~12m more shares that could be bought-back at the start of play today. Volume today was 6m which suggests there is only another ~6m available under the buy-back.
It will be interesting to see what happens when they run out of shares under the buy-back...
DYOR
- Forums
- ASX - By Stock
- Ann: Sale of 5GN Business and Capital Return
It appears to be solely the buy-back that is keeping the share...
-
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 5GN (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M |
Open | High | Low | Value | Volume |
14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1828966 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 3419686 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1828966 | 0.145 |
8 | 3649382 | 0.140 |
12 | 707735 | 0.135 |
2 | 500025 | 0.130 |
1 | 250000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 2762774 | 20 |
0.155 | 1911605 | 20 |
0.160 | 363210 | 9 |
0.165 | 211402 | 7 |
0.170 | 25000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
5GN (ASX) Chart |