Even better than you say. The math is actually 929.7/(929.7-160) = ~20.8%.
=)
Take an extreme example, you own 100 shares out of a 1,000 share company (you owned 10% of the company here). They buyback 50% or 500 shares, you now own 100 out of 500 shares or 20% of the company 1000/(1000-500) = 100% increase in ownership so in this case 10% to 20%.
Even better than you say. The math is actually 929.7/(929.7-160)...
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Last
$7.80 |
Change
0.030(0.39%) |
Mkt cap ! $6.609B | |||
| Open | High | Low | Value | Volume |
| $7.82 | $7.95 | $7.74 | $34.20M | 4.362M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3528 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 12070 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |