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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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $6.93 | $6.81 | $7.337M | 1.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4252 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 10763 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |