Well according to Warren Buffett the only time to do that is if the company can purchase its shares well below intrinsic value. Otherwise it is just a waste of money.
CLSA - downgrade to A$4.20 TP, page-42
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$3.93 |
Change
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| Open | High | Low | Value | Volume |
| $3.92 | $3.94 | $3.92 | $3.564M | 907.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 345319 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 63444 | 16 |
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