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
$8.55 |
Change
0.100(1.18%) |
Mkt cap ! $1.351B | |||
| Open | High | Low | Value | Volume |
| $8.47 | $8.63 | $8.42 | $2.909M | 340.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2690 | $8.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.55 | 1998 | 1 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ELD (ASX) Chart |