Unless I'm missing something, the bolded part of the announcement text below says they're not paying anything for the shares:
3A.9b Please describe the consideration being provided to buy back the +securities
Average $0.56 per share
Extinguishing of loans totalling $1,456,764 originally advanced to employees for the purchase of the incentive shares
being cancelled. No cash is payable by the Company for the buy-back.
Ann: Update - Notification of buy-back - GDA, page-5
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Last
31.8¢ |
Change
0.008(2.42%) |
Mkt cap ! $41.95M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.8¢ | 31.5¢ | $3.278K | 10.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32025 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 41615 | 7 |
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| Last trade - 13.51pm 30/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
0.008 ( 1.61 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 31.5¢ | 31.5¢ | 6392 | ||
| Last updated 13.06pm 30/05/2024 ? | |||||
| GDA (ASX) Chart |