I am also optimistic about 2024 with this BB.
I would think that SALT have certain criteria to follow, maybe something like...
1. Prevent any large daily drops in sp.
2. Conserve cash for BB, ie only buy back if needed on a daily basis.
3. Support any company announcements with at least a 5% increase in sp (as opposed to the normal tanking of the sp)
4. Target $18 by next AGM in August 24.
5. Shares are not to be cancelled, so can be resold to market once the sp is well supported by company progress, this way the BB will not be a cost.
I am also optimistic about 2024 with this BB.I would think that...
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Last
$14.59 |
Change
-0.150(1.02%) |
Mkt cap ! $730.6M | |||
| Open | High | Low | Value | Volume |
| $14.74 | $14.77 | $14.50 | $504.1K | 34.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 132 | $14.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.64 | 96 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| CUV (ASX) Chart |