Only of value to holders of stock in pension mode SMSF, outside of that you would have to look at capital loss benefits to calculate whether you are in front when selling. You are selling into the buyback at 14% discount to around $16 so you are getting back around $13.80. The gap needs to be filled by tax loss.
In my opinion, outside of super, best for holders to not take up buyback and sit tight. You will benefit from less shares on issue and therefore higher earnings per share going forward, hence higher share price on market
News: MMS Mcmillan Shakespeare Announces $80.0 Mln Off-Market Buy-Back, page-5
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Last
$17.36 |
Change
0.030(0.17%) |
Mkt cap ! $1.211B | |||
| Open | High | Low | Value | Volume |
| $17.50 | $17.55 | $17.30 | $1.684M | 97.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1348 | $17.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.38 | 853 | 19 |
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| Last trade - 15.32pm 29/07/2024 (20 minute delay) ? |
| MMS (ASX) Chart |