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
Add GDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $37.65M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 28.5¢ | $22.87K | 79.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15224 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 20547 | 5 |
View Market Depth
| Last trade - 14.31pm 14/05/2024 (20 minute delay) ? |
|
|||||
|
Last
28.5¢ |
Change
-0.005 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 29.0¢ | 29.0¢ | 28.5¢ | 14086 | ||
| Last updated 14.31pm 14/05/2024 ? | |||||
| GDA (ASX) Chart |