Not so sure , markets love a share buy back...the company tells the market that it thinks the trading price is value , buy the shares on market and retire the shares.
Always an interesting point of discussion , what to do with COH ...not a bad situation to have , hundreds of million of dollars in the bank.
Not saying share buy back is the way to go , but it should be in the discussion.
735M SOI ... it will cost a lot of money to make a dint in this.
To retire 5% of SOI , ie 36.75M , would cost A$500m , so expensive.
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $6.93 | $6.81 | $7.337M | 1.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4252 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 10763 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |