Outside the opening auction, the vast majority of yesterday's volume transacted at 0.40, and at most only traded 1 tick above that. It looks to me like they were putting a floor under it. If they can buy 1.9M shares at 0.40, no need to lift their bid.
But if the price were to rise strongly, that would definitely be putting a pump in the spokes of the buyback.
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 (20min delay)
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Last
57.0¢ |
Change
0.010(1.79%) |
Mkt cap ! $496.3M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 56.5¢ | $74.18K | 130.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2818 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 218906 | 8 |
View Market Depth
| Last trade - 10.06am 17/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |