A2M should apply the Apple Inc shares buy back strategy, If my memory servers me correctly: Apple Inc did not pay dividend over 10 years until recently (2018 or 2017) meanwhile the company used 10% of yearly net profit to do the shares buy back and the rest was used for further growth - a win-win situation and we all know Apple Inc is the 1st company to reach 1 trillion dollars company.
Likewise, A2m can use 10-15% of yearly net profit to do the shares buy back (for as long as the market conditions allow) and the rest used for further growth purposes - a win-win situation in MHO only.
A2M should apply the Apple Inc shares buy back strategy, If my...
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Last
$5.92 |
Change
-0.055(0.92%) |
Mkt cap ! $4.258B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $6.00 | $5.87 | $3.201M | 541.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1064 | $5.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.92 | 15343 | 20 |
View Market Depth
| Last trade - 11.39am 02/05/2024 (20 minute delay) ? |
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Last
$5.94 |
Change
-0.055 ( 0.63 %) |
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| Open | High | Low | Volume | ||
| $5.97 | $5.99 | $5.87 | 220878 | ||
| Last updated 11.55am 02/05/2024 ? | |||||
| A2M (ASX) Chart |