If the MD buys shares, then announces a buy back, like his front door bell will ring...."ding a ling a ling".
'Mr X here from Securities Commission, please come down to my office for a chat re insider trading'.
Please show a little common sense. Moreover, he is just buying up shares to show faith. If they do turn cash positive, then the big pile of money is largely redundant unless they want to buy other companies. And if the share price is the low, then the smartest way is to have a share buyback and clean out the weaker sh'ers, but companies usually go down the capital reconstruction route.
I would be quite happy to retain % of shares in a smaller company, but would prefer to see a buyback.
- Forums
- ASX - By Stock
- SNX
- md buys 290,000 shares on market
md buys 290,000 shares on market, page-9
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SNX (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.672M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 35144 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.034 |
1 | 150000 | 0.033 |
1 | 500000 | 0.031 |
2 | 149800 | 0.030 |
1 | 10000 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 104475 | 1 |
0.043 | 57610 | 1 |
0.044 | 73000 | 1 |
0.047 | 75000 | 1 |
0.055 | 10978 | 1 |
Last trade - 10.08am 15/08/2024 (20 minute delay) ? |
Featured News
SNX (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online