The single main reason why a company buys back its own shares is if they believe the shares are under priced and they have spare cash with nothing better to do with it.
This is positive and is price sensitive (lower case) as far as investors are concerned.
Ann: Daily share buy-back notice - Appendix 3E, page-2
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Last
27.5¢ |
Change
-0.005(1.79%) |
Mkt cap ! $58.56M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.0¢ | $50.88K | 194.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93500 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 27999 | 2 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
27.0¢ |
Change
-0.005 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 26.5¢ | 27.0¢ | 26.0¢ | 30273 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| NVA (ASX) Chart |