I have been disappointed too, however they may just be smarter than me/us .... as I too thought they would hold the 45c line... however its a lot smarter to scoop up cheaper shares (as they are now) than to push up the share price doing it (as much as we would like to see it). They bought 360K shares yesterday which is a step in the right direction.
The confusing thing to me is more who is creating the selling pressure, in the face of a BB and lower debt, divies on the horizon etc.
Ann: Update - Notification of buy-back - SWM, page-4
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $284.7M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $240.4K | 1.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 431949 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 257435 | 6 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
-0.005 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 19.0¢ | 18.5¢ | 597619 | ||
| Last updated 15.58pm 05/06/2024 ? | |||||
| SWM (ASX) Chart |