How do you figure that? I don't think buying shares well under their value is a waste of time and money if there's no other better use for that 50m. I think buying back shares at these levels to reduce SOI, is better than collecting 4% interest on that figure in a bank account.
If you're referring the share price, do you think that the share price would be higher, lower or the same if the SBB wasn't initiated?
Ann: Update - Notification of buy-back - NEU, page-6
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Last
$12.95 |
Change
-0.010(0.08%) |
Mkt cap ! $1.615B | |||
| Open | High | Low | Value | Volume |
| $12.82 | $13.05 | $12.70 | $1.903M | 147.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 286 | $12.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.95 | 191 | 6 |
View Market Depth
| Last trade - 12.37pm 17/06/2025 (20 minute delay) ? |
| NEU (ASX) Chart |