I thought about the buyback as well
but i do not think that would work at all
BTA have been doing it and it has been a disaster (with many less shares than CVN)
because CVN has so much stock on issue i dont think it would help at all, you are taking far too little stock off the market
that same money though as a dividend would show the market a stock yielding more than interest in the bank.. if my calcs are correct
I thought about the buyback as wellbut i do not think that would...
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $281.7M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 15.8¢ | $1.107M | 6.840M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 284 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 2404 | 1 |
View Market Depth
| Last trade - 15.59pm 22/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |