A 30% decline since the buyback announcement.
I would rather have seen the excess cash go into R&D rather than this failed attempt to increase individual share value. This buyback clearly has been viewed by the market as a company without a vision to expand. SP punished accordingly.
(Unless of course there is some sneaky manipulation at hand to buy back their stash at bargain prices)
Ann: Update - Notification of buy-back - NEC, page-4
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NEC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.25 |
Change
0.023(1.84%) |
Mkt cap ! $1.978B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.23 | $1.560M | 1.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 49565 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 94150 | 59 |
View Market Depth
| Last trade - 14.07pm 15/10/2024 (20 minute delay) ? |
| NEC (ASX) Chart |