Without a time limit on the note purchase and "The Company confirms that it will not undertake any Share Buy-Back activity while the Notes Buy-Back continues", they will hoard a pile of cash. Agree with your comments, makes the buy back decision look rushed to just get something out to show capital allocation
Ann: Update - Liability and Capital Management, page-16
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Last
$4.93 |
Change
-0.290(5.56%) |
Mkt cap ! $4.167B | |||
| Open | High | Low | Value | Volume |
| $4.90 | $4.96 | $4.89 | $14.46M | 2.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7246 | $4.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.94 | 826 | 3 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| NHC (ASX) Chart |