When the buy back started BMA mines were not on the market. Once BMA assets came onto the radar the buy back slowed down.
this is a stupid argument.
buy backs reduce shares on issue, while market capitalization remains the same. This drives the share price higher. You directly benefit through this.
Ann: Whitehaven refinances acquisition bridge facility, page-22
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Last
$7.77 |
Change
-0.040(0.51%) |
Mkt cap ! $6.500B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.80 | $7.68 | $23.27M | 3.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18591 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 89622 | 5 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$7.73 |
Change
-0.040 ( 0.86 %) |
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| Open | High | Low | Volume | ||
| $7.76 | $7.78 | $7.68 | 999335 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| WHC (ASX) Chart |