While this makes a lot of sense the major problem I see with is is the liquidity of ELDPA, $200K is pretty good day. If you were to embark on a buy back I would think even $5M purchased very carefully could still push the price over $50.
buy back, page-2
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Last
$9.11 |
Change
-0.020(0.22%) |
Mkt cap ! $1.441B | |||
| Open | High | Low | Value | Volume |
| $9.13 | $9.17 | $9.07 | $426.0K | 46.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 549 | $9.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.11 | 452 | 9 |
View Market Depth
| Last trade - 12.19pm 23/08/2024 (20 minute delay) ? |
| ELD (ASX) Chart |