Funny to hear talk of a buyback, when nobody wanted one when the share price was super low and it would have been golden. I think the shareprice is too high for a buyback now (I am definitely not selling, but then I never sell anything!)
I love the company and will hold for many decades to come, but I think the SP is too high for a buyback now (though many posters have made compelling arguments why FMG is still underpriced)
I reckon just smash the debt, up the dividends, and build up a cash hoard- maybe a buy back in the next downturn, but not now when things are flying high! That's the boom mentality and it ends badly!
Funny to hear talk of a buyback, when nobody wanted one when the...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |