ZFX zinifex limited

buy back facts, page-3

  1. Bongo67
    550 Posts.
    clock Created with Sketch.
    21/07/06
    01:05
    Post #: 1689615
    Buy backs do not "prop up" a stock.
    They reduce the number of shares out and thus increase the value of the remaining stock.
    If I was about to announce a special dividend of say $1.00 , then I would be employing that strategy to reduce the payout.
    Target 22$ by june 2007
    ZFX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Good debt vs bad debt for the property in your investment portfolio
right-arrow Created with Sketch.
ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
MGT Magnetite Mines set to progress DFS for Razorback through deal with JFE Shoji
right-arrow Created with Sketch.
HCH Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
right-arrow Created with Sketch.
CXO Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
right-arrow Created with Sketch.
PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
watchlist Created with Sketch. Add ZFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.