Whilst I have become ambivalent to whether they buy back shares or not I am interested in what benefit you see. The price is very good but is the timing right a
nd given the small volumes to sell at bargain prices is it all worthwhile.
I do believe it puts a floor under some shares but this one has never really had a basis requiring support - other than to clear a huge overhang. They did not do anything then, yes I believe it would have been good if they had, but now most of that overhang is cleared as I see it.
So I am wondering what more you see as a benefit?
News: SEQ Sequoia Financial Group To Conduct An On-Market Buy-Back Of Shares, page-54
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Last
35.5¢ |
Change
0.005(1.43%) |
Mkt cap ! $43.87M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.5¢ | 35.0¢ | $37.20K | 105.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 56039 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 19052 | 2 |
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| Last trade - 15.00pm 27/06/2025 (20 minute delay) ? |
| SEQ (ASX) Chart |