If brokerage is peak and trough, then:
- In the trough, there's no point spending much on marketing, but some could be spent on development. If you remain profitable at this time, it's a cheap time to do a buy-back (with the SP being down).
- In the peak, buy-back no longer makes much sense if the SP has spiked (like during COVID).
When the SP is lower, the return from buy-back is greater (assuming a profitable future). So when the SP is low, it's easier for buy-back to beat out the other options - product dev (failed lately eg. Crypto, though the app bug-fixes were more effective) or marketing.
If brokerage is peak and trough, then:- In the trough, there's...
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 77858 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 136144 | 7 |
View Market Depth
| Last trade - 16.12pm 14/06/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.5¢ | 5797 | ||
| Last updated 12.33pm 14/06/2024 ? | |||||
| SWF (ASX) Chart |
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