$45m wasted on nothing but propping up the overvalued price of $QAN.
The share price will collapse like a lead balloon when this buyback is done. I will make sure to deploy signficant funds in the weeks leading up the this stupid program ending, as will every major player on the ASX. This was such a dumb move, clearly done by Joyce to prop up the share price for his own remuneration ahead of exiting the business by retirement ahead of getting sacked.
Ann: Update - Notification of buy-back - QAN, page-2
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Last
$5.85 |
Change
-0.040(0.68%) |
Mkt cap ! $9.532B | |||
| Open | High | Low | Value | Volume |
| $5.84 | $5.91 | $5.84 | $38.05M | 6.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22710 | $5.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.86 | 26030 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| QAN (ASX) Chart |