Not long ago we were talking about dividends vs. Share buy back. At the time i was firmly in the buy back camp as prices were low $3. However looking at current trend and where this is going by december a share buy back could be incredibly expensive. If we are at a very conservative $5 by the buy back, $500 mill would only buy 100 mill shares or ~3.3% of floating. Would this really make and significant difference to the stock/company or would that money be better spent on M/A. Still dont really like the idea of a dividend until they are fully franked so im curious as to what they will do with ALL THAT CASH!
Not long ago we were talking about dividends vs. Share buy back....
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$3.11 |
Change
-0.090(2.81%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |