Surely there must be more at play than a hunch the share price will go lower. Judging by the chart of the last 6 months it appears to have stabilised, slightly recovered and trending upwards.
With the stock issues behind them, a s#!t ton of money in the bank, recovering diagou channels and what appears to be improving Chinese relations (media chatter) one would think in this market that a stock like this would be a 'safe' option.
Who know's the thought process behind them buying or not buying - perhaps they want to wait until the market further settles so once they start buying then the SP can actually benefit from these purchases?
Ann: Share buyback to commence 5 October - 1Q23 Trading update, page-74
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 (20min delay)
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Last
$7.80 |
Change
-0.040(0.51%) |
Mkt cap ! $5.647B | |||
| Open | High | Low | Value | Volume |
| $7.79 | $7.89 | $7.78 | $17.05M | 2.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7486 | $7.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.80 | 63 | 1 |
View Market Depth
| Last trade - 16.20pm 26/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |