if I owned this company, and they were doing a buy back, I’d be hoping the share price tanked hard. Doesn’t change the underlying in the slightest. Just means they can buy back more at a cheaper price. Which is very good for share holders.
dividends can be paid when the stock is soaring.
I think the size of the buyback is obviously small so far. But that’s better than overpaying for the shares.
if I owned this company, and they were doing a buy back, I’d be...
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $284.7M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $492.0K | 2.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 165250 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 223350 | 9 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SWM (ASX) Chart |