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
$6.68 |
Change
-0.020(0.30%) |
Mkt cap ! $4.829B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.71 | $6.61 | $6.477M | 971.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12782 | $6.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.69 | 15324 | 5 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |