I agree with your point. However if the company was to follow what you have said, they wouldn't have let millions sitting in the bank for last 2 years and have done nothing with it. I know it's better to return the money to SH but the company didn't do it when interest rate was 0.1% why do you think inflation is something the company has ever taken into account?
I came up with 2 reasons because I can't think of the third why they haven't started share buyback. By all means put your thoughts on why on the forum so people can punt/debate, it's not like we have anything else that we can do about A2 shares. It's currently just a pool of dead water with nothing happening at all.
I agree with your point. However if the company was to follow...
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Last
$7.23 |
Change
0.080(1.12%) |
Mkt cap ! $5.226B | |||
| Open | High | Low | Value | Volume |
| $7.19 | $7.25 | $7.18 | $1.663M | 230.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 9870 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 7453 | 7 |
View Market Depth
| Last trade - 10.48am 06/06/2024 (20 minute delay) ? |
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Last
$7.24 |
Change
0.080 ( 1.10 %) |
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| Open | High | Low | Volume | ||
| $7.20 | $7.26 | $7.19 | 95212 | ||
| Last updated 11.10am 06/06/2024 ? | |||||
| A2M (ASX) Chart |