After buying back 1,359,879 shares at prices as high as $2.30, the company elected to continue with the DRP and subsequently issue 1,064,188 new shares at an issue price of $2.08. The company has spent roughly $2.7m on the buy back, this DRP effectively hands back the company $2.2m.
Machiavellian genius? I hope there is some kind of reasoning behind this that is a lot better than this looks.
After buying back 1,359,879 shares at prices as high as $2.30,...
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 (20min delay)
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Last
96.0¢ |
Change
-0.005(0.52%) |
Mkt cap ! $203.8M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 97.0¢ | 96.0¢ | $18.31K | 18.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15243 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 800 | 1 |
View Market Depth
| Last trade - 10.18am 30/05/2024 (20 minute delay) ? |
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Last
96.0¢ |
Change
-0.005 ( 1.43 %) |
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| Open | High | Low | Volume | ||
| 96.0¢ | 96.0¢ | 96.0¢ | 402 | ||
| Last updated 10.30am 30/05/2024 ? | |||||
| SVR (ASX) Chart |