They have until June next year to buy the shares. The way to optimize value for shareholders is to buy them at the lowest price possible. This means not driving the price up in the short term through the buyback. Even though there seems to be a belief that is the objective and the outcome.
It isn’t and it won’t be.
Buy back, page-10
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Last
$1.51 |
Change
-0.023(1.47%) |
Mkt cap ! $3.829B | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.54 | $1.51 | $3.002M | 1.980M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 101743 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 71145 | 53 |
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| Last trade - 15.07pm 13/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |