I am having trouble understanding the strategy behind the buyback. The buy-back amounts are typically for lots of 10,000,000 shares. There is one for 20,000,000, all at .011. There seems to be nothing at .012. Are they punting that the share price will go down to 0.011?
Ann: Update - Notification of buy-back - BRK, page-3
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Last
1.4¢ |
Change
0.001(3.85%) |
Mkt cap ! $61.93M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $51.83K | 3.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 13203647 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 20738790 | 21 |
View Market Depth
| Last trade - 10.54am 15/05/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.4¢ | 250000 | ||
| Last updated 10.08am 15/05/2024 ? | |||||
| BRK (ASX) Chart |