One possibility is to drive the price down so he can buy more very cheaply. This happened with Flight Centre a few years ago where the management drove the price down, then announced an offer for a management buyout. Shareholders would have none of it and they had to continue as a listed company. The share price eventually went up again.
One possibility is to drive the price down so he can buy more...
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Last
57.0¢ |
Change
-0.020(3.39%) |
Mkt cap ! $51.43M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 58.0¢ | 53.5¢ | $31.69K | 57.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1137 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 3516 | 1 |
View Market Depth
| Last trade - 13.21pm 03/05/2024 (20 minute delay) ? |
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Last
56.5¢ |
Change
-0.020 ( 3.14 %) |
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| Open | High | Low | Volume | ||
| 56.5¢ | 57.5¢ | 53.5¢ | 10994 | ||
| Last updated 13.26pm 03/05/2024 ? | |||||
| SRL (ASX) Chart |