"I tried to contact them and no reply. This smells fishy! Push the price down while major shareholders grab more of the distributed money -The only logical reason I see."
What is happening is the company buying back shares at a time when the market is low, and when the company holds surplus funds.
As for the final distribution, whenever that occurs, all shareholders at that time would share in the distribution, not just major shareholders.
- Forums
- ASX - By Stock
- Ann: Update - Notification of buy-back - FAR
"I tried to contact them and no reply. This smells fishy! Push...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 50.0¢ | $91 | 182 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 314682 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.505 |
3 | 139811 | 0.500 |
2 | 32029 | 0.495 |
1 | 38794 | 0.475 |
1 | 42553 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 314682 | 3 |
0.515 | 23257 | 2 |
0.520 | 338616 | 8 |
0.540 | 451 | 1 |
0.550 | 2285 | 1 |
Last trade - 15.44pm 11/11/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online