I think the company is doing both as definitely spending and investing in the growth of the business plus investing in their own shares via the buy back. As far as I know the company becomes a shareholder in its own stock and they deem them worth the stock price paid because they intimately know the business and its future therefore positive.
True! It does not increase revenue, EBITA etc just the number of slices in the pie.
Share buy backs are definitely not unusual and I’d rather a buy back any day as compared to a Cash Raise, dilution can commonly be a cancer for shareholders and it is definitely not the same as an initial public offering IPO where a company is born.
Further, no drama about you however I think it sacrilege and bad form to use the words Ponzi Scheme with reference to Pro Medicus.
my view!
- Forums
- ASX - By Stock
- PME
- Ann: Update - Notification of buy-back - PME
PME
pro medicus limited
Add to My Watchlist
0.68%
!
$309.98

Ann: Update - Notification of buy-back - PME, page-8
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$309.98 |
Change
2.090(0.68%) |
Mkt cap ! $32.38B |
Open | High | Low | Value | Volume |
$309.99 | $310.98 | $304.01 | $43.08M | 139.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16 | $309.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$309.98 | 2897 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16 | 309.140 |
1 | 3 | 309.000 |
1 | 100 | 308.610 |
1 | 25 | 308.500 |
1 | 16 | 308.490 |
Price($) | Vol. | No. |
---|---|---|
309.980 | 2897 | 1 |
310.200 | 1000 | 1 |
310.260 | 771 | 1 |
310.590 | 30 | 1 |
311.000 | 85 | 2 |
Last trade - 16.18pm 07/07/2025 (20 minute delay) ? |
Featured News
PME (ASX) Chart |
The Watchlist
AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online