Asic wouldn't be interested in the slightest with this scenario. Same thing has happened before with other companies (not buying back a single share).
a2m's instructions could have been to soak up shares if the SP falls below $5, which may not happen in the next 12 months. Speculation of course, but a valid example.
Asic wouldn't be interested in the slightest with this scenario....
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 (20min delay)
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Last
$6.83 |
Change
-0.160(2.29%) |
Mkt cap ! $4.959B | |||
| Open | High | Low | Value | Volume |
| $6.96 | $6.98 | $6.81 | $3.679M | 535.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 502 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5476 | 10 |
View Market Depth
| Last trade - 11.11am 17/06/2024 (20 minute delay) ? |
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Last
$6.78 |
Change
-0.160 ( 3.12 %) |
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| Open | High | Low | Volume | ||
| $6.97 | $6.98 | $6.76 | 237634 | ||
| Last updated 11.29am 17/06/2024 ? | |||||
| A2M (ASX) Chart |
