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
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $269.3M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.5¢ | $29.48K | 168.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1121179 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 419531 | 4 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |