A buy back is only as good as the company’s commitment to spending cash.
Too often, companies announce a buyback, the punters get excited, but then they don’t purchase enough stock to materially raise the share price. I.e. it becomes an ineffective window-dressing exercise.
Let’s see whether they do a proper buyback or a Clayton’s buyback.
But if they are going to do it properly, why not just announce a small dividend instead?
Ann: Trading Halt, page-11
-
- There are more pages in this discussion • 121 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.27M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $39.29K | 3.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 11032319 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 21863590 | 29 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BRK (ASX) Chart |