Now this announcement has got me baffled. There are only 24mill outstanding SNL shares and SNL management are going to use ETrade to buy back 1mill. SNL would be lucky if 1 trade per month goes thru the depth, so not really sure how they intend to buy 1mill shares. Is it an easy avenue for a large shareholder/mate/director to dump some shares and have a buyer? I think so, otherwise, why don't they just pay a larger dividend?
If it smells suss, it probably is suss.....
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SNL
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$37.80

massive buy back
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Last
$37.80 |
Change
0.375(1.00%) |
Mkt cap ! $1.639B |
Open | High | Low | Value | Volume |
$38.91 | $38.91 | $37.21 | $1.005M | 26.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 69 | $37.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.81 | 36 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 98 | 37.750 |
3 | 29 | 37.740 |
2 | 24 | 37.730 |
2 | 32 | 37.720 |
3 | 108 | 37.710 |
Price($) | Vol. | No. |
---|---|---|
37.800 | 6 | 2 |
37.810 | 31 | 3 |
37.820 | 72 | 1 |
37.830 | 132 | 9 |
37.840 | 14 | 1 |
Last trade - 14.28pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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