EPS = profit divided by shares outstanding. While the buy back is good, more profit is much more important. I actually thought they would have spent more on the buy back than $ 3.5 Mil. The buy back is more a sign of confidence, notice how the market went up after the announcement, it's all psychological, however the $ 8 mil. profit for the weakest quarter of the year blew me away.
- Forums
- ASX - By Stock
- How to hold/convert SZL share post 12th Jan 2024?
EPS = profit divided by shares outstanding. While the buy back...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)