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
$12.85 |
Change
-0.110(0.85%) |
Mkt cap ! $1.598B | |||
| Open | High | Low | Value | Volume |
| $12.82 | $13.05 | $12.53 | $6.559M | 511.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1657 | $12.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.85 | 6303 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| NEU (ASX) Chart |