Agree with you.
I previously said that the fact management weren't buying shares on market was a sign that they didn't think the bottom was in yet.
Even though it is not their own personal funds, by considering a buyback at least it shows that management considers that the shares are starting to look undervalued.
If we see management also start to buy then that would be a positive sign.
Ann: Trading update and revised FY21 outlook, page-103
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$6.54 |
Change
-0.100(1.51%) |
Mkt cap ! $4.756B | |||
| Open | High | Low | Value | Volume |
| $6.58 | $6.61 | $6.54 | $2.436M | 370.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6940 | $6.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.54 | 1178 | 2 |
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