Why? because the equity is off the dial discounted.....it makes perfect sense to return capital to shareholders via a buyback when the equity is trading so cheaply. Plenty of time for dividends over buybacks when the equity is no longer trading so cheaply. There's a time & place for both.... arguably it really is buyback time now. This serves medium & long term holders best. It's taken a while but fully endorse the decision....not to drive the share price higher but to increase returns on equity for investors.
Ann: Trading Halt, page-15
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(5.00%) |
Mkt cap ! $45.34M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $49.26K | 5.037M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 29869591 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 16293155 | 18 |
View Market Depth
| Last trade - 13.02pm 03/10/2024 (20 minute delay) ? |
| BRK (ASX) Chart |