VRL verity resources limited
Add to My Watchlist 5.00% ! 2.1¢

Why is a buy back done by companys? Well the main reason is...

  1. The Pro
    1,607 Posts.
    lightbulb Created with Sketch. 2
    clock Created with Sketch.
    28/10/09
    12:20
    Post #: 5841404
    Why is a buy back done by companys? Well the main reason is because they believe that their shares are undervalued. This is certainly the case with Village, why on earth would anyone sell into this buy back when an independant report values the shares between $3.69 and $5.20!!!

    Village Roadshow Corporation wants to increase their stake of VRL from 61.4% to 68.2%, they clearly see this as an opportunity to increase their stake at cheap levels,which individual investors should also see.
    VRL Price at posting: $1.78 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Equity Metals reports that drilling is underway on the Silver Queen Ag-Au property
right-arrow Created with Sketch.
NEWS Strong Rock Chip Assays Include 18.4g/t Au from Waitekauri
right-arrow Created with Sketch.
NUZ Liquid Formulation of NUZ-001 Developed to Improve Patient Access and Experience
right-arrow Created with Sketch.
NEWS Progress in Phelan-McDermid Syndrome Program to Be Presented at PMS Global Congress
right-arrow Created with Sketch.
CLA Celsius Resources Commences FEED and Feasibility Study at MCB Project Site
right-arrow Created with Sketch.
NEWS High-Grade Scandium Assays Returned at Syerston from Drilling Campaign
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
2.1¢ 		Change
0.001(5.00%) 		Mkt cap ! $5.867M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $24.12K 1.149M

Buyers (Bids)

No. Vol. Price($)
1 199999 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 48000 2
View Market Depth
Last trade - 16.11pm 27/06/2025 (20 minute delay) ?
VRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.