Can someone explain the rationale of the buy back facility at these levels?
I understand MQG buying back when the price was at the $150/160 mark and they were saying it was undervalued. What I don't get is when they're buying back at say $200, do they really think there's that much more upside and it's still undervalued? If there's that much money to be made, I'd prefer them to hold onto the capital and use it to make more money!!!!
Can someone explain the rationale of the buy back facility at...
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Last
$195.22 |
Change
1.970(1.02%) |
Mkt cap ! $74.76B | |||
| Open | High | Low | Value | Volume |
| $195.47 | $196.34 | $194.74 | $180.6M | 923.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9092 | $195.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $195.33 | 5239 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$195.72 |
Change
1.970 ( 1.46 %) |
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| Open | High | Low | Volume | ||
| $195.48 | $196.30 | $194.80 | 151228 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| MQG (ASX) Chart |