In all honesty this is exactly what I don't like about buy backs. Were going to spend $36m (90m shares x $0.40) to essentially put a floor price on the share price. Once we have spent our $36m on the buy back, there is absolutely nothing stopping the price going down below $0.40c again with a $36m hole in our pocket. The last 4 trading sessions since the buy back commenced has all closed on $0.40c. I fear the share price won't significantly increase from here, but on the bright side it shouldn't significantly decrease from here (at least for the meantime).
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Last
43.5¢ |
Change
0.005(1.16%) |
Mkt cap ! $390.0M |
Open | High | Low | Value | Volume |
43.0¢ | 44.0¢ | 42.5¢ | $381.9K | 878.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 59512 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 68626 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 59683 | 0.435 |
15 | 331145 | 0.430 |
10 | 90110 | 0.425 |
11 | 165803 | 0.420 |
7 | 111236 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 68626 | 13 |
0.445 | 116431 | 10 |
0.450 | 65926 | 7 |
0.455 | 199225 | 8 |
0.460 | 524463 | 12 |
Last trade - 14.48pm 04/10/2024 (20 minute delay) ? |
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