So still no BB .... over one month with no purchases ? Makes the company look a little silly with all the fanfare about the BB and then letting it slowly fade into the background after a mediocre start.... why does it appear to have been placed on hold ?
Is the company expecting the share price to retreat when financials are announced and see the pause as a wiser use of these funds ?
Is the company entertaining confidential takeover negotiations in the background and a condition of those negotiations was to agree to pause the BB while they continue ?
Are they expecting the USA debt ceiling issue to effect global markets and have preserved the remaining capital to use at that time if this does become an issue ?
It does make one wonder especially seeing as the Christmas / New Year festivities are well and truly over and everyone is back at work so why have GS taken their foot off the accelerator ? Seems a little weird to me as the BB team have purchased shares as high as $6.96 so why not buy them in the $6.80 range this week ?
Listing Rule 7.33 certainly enables them on a VWAP basis to continue buying at these levels - I believe the current VWAP is $6.88 ... happy to be corrected if this is wrong ?
GLTAH
![]()
- Forums
- ASX - By Stock
- Empty A2M formula shelves. Please report you local supermarket stock levels
So still no BB .... over one month with no purchases ? Makes the...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
|
|||||
Last
$5.56 |
Change
0.030(0.54%) |
Mkt cap ! $4.025B |
Open | High | Low | Value | Volume |
$5.47 | $5.60 | $5.43 | $8.699M | 1.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9168 | $5.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.57 | 11368 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3588 | 5.550 |
4 | 13094 | 5.530 |
2 | 31921 | 5.520 |
1 | 4448 | 5.510 |
4 | 20720 | 5.500 |
Price($) | Vol. | No. |
---|---|---|
5.570 | 11368 | 2 |
5.580 | 13739 | 3 |
5.590 | 11601 | 3 |
5.600 | 15885 | 5 |
5.610 | 8601 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |