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)
A 30% decline since the buyback announcement. I would rather...
Add NEC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.47 |
Change
0.005(0.34%) |
Mkt cap ! $2.354B | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.49 | $1.46 | $4.013M | 2.734M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10360 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 19733 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.47 |
Change
0.005 ( 0.11 %) |
||||
| Open | High | Low | Volume | ||
| $1.47 | $1.49 | $1.46 | 834060 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| NEC (ASX) Chart |