buyback will move the share price by 20-30% over a couple of months i reckon, but do not expect too much initially.
First - they will want to soak up as much as they can as cheap as they can.
Second - buyback buying has a price cap on any given day equivalent to 105% of the 5 day VWAP.
I have not done the math, but the way things are shaping up i think this means that they will be capped from buying above about $1.00 tomorrow. Should step up over time.
buyback will move the share price by 20-30% over a couple of...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LLI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $12.24M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $11.15K | 82.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81701 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 312 | 1 |
View Market Depth
| Last trade - 11.57am 16/07/2024 (20 minute delay) ? |
| LLI (ASX) Chart |