JHX are doing a buy back of 46m shares. Up to now the biggest daily BB has been about 1m shares. Yesterday to stop the price completely collapsing they bought back 4m+ shares. Perhaps they are continuing at this increased rate. As of today they still have 20m to buy back. Also a couple of fundies seem to think the bottom must be near.
One PPT, well respected by me is increasing their exposure.
Personally I think they are wrong on this one
why on earth would jhx go up today lol, page-2
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 (20min delay)
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Last
$46.44 |
Change
0.200(0.43%) |
Mkt cap ! $20.14B | |||
| Open | High | Low | Value | Volume |
| $46.49 | $46.70 | $45.90 | $55.58M | 1.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16121 | $46.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $46.58 | 673 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$46.54 |
Change
0.200 ( 0.53 %) |
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| Open | High | Low | Volume | ||
| $46.31 | $46.69 | $45.91 | 411679 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| JHX (ASX) Chart |