The share buyback program definitely catches my attention.
Company obviously has excess cash and want to buy back shares before the environment improves to have enough strength to pay a div.
This program is not very aggressive as their daily buybacks are around 260000 to 1m shares. So it will take at least another 70days to finish.
Meanwhile I do expect it will absorb any downside risks.
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Last
$1.59 |
Change
-0.020(1.25%) |
Mkt cap ! $1.472B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.62 | $1.57 | $2.867M | 1.807M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6853 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 22391 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| PRN (ASX) Chart |