Hamondo, I don’t believe this interpretation of the buy back is correct. As I understand it, the actual amount bought back is at the discretion of the company, and there is no obligation to buy back 350m shares by year end. Certainly they can’t go beyond that without getting authority for it.
anyway whatever happens, I’m sure we’re all hoping for a share price a lot healthier than 1.3c before year end.
maybe I’m just grumpy because there’s no new drilling going on. I’m a simple guy, I like my oil companies, to explore, drill and produce.
Wolf Pack is a hard act to follow though
Hamondo, I don’t believe this interpretation of the buy back is...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $109.9K | 9.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 10848681 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22910913 | 18 |
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| Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |