Prior to the buyback when the share price climbed through $5, it was due to clueless retail buyers. Then the buyback started and it continued to climb, because of the buyback...but not clueless retail holders. Then, on days when it fell it was because the market was going to tumble globally and drag QAN back to $2, or lower. Then, when it rose again, it was the buyback. It fell 20c yesterday with the buyback on, then rose 10c today with the buyback ending.
Conclusion? These poor saps have absolutely no idea what they're talking about. A guy wearing a vest with the words "KEEP SEPERATED" locked up in the solitary wing of an asylum makes more sense.
End of buyback, page-13
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Last
$6.09 |
Change
0.060(1.00%) |
Mkt cap ! $9.923B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.11 | $6.04 | $25.10M | 4.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8587 | $6.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.09 | 127451 | 10 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| QAN (ASX) Chart |