I think this buy back announcement is just lip service, as I think they will only pay around $1 plus.
How will they get 5 odd million shares-- they would need to pay $5 which I dont think is their intention.
As for small holders, there are less then 50 people with unmarketable parcels,-- they will be waiting a long time if the buy back has to be completed first, as I dont think they will ever buy the 5m shares.
Tomorrow they can start and at $1.50 they are dirt cheap!!!
Lets see what happens !
Cheers
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Last
$5.00 |
Change
0.250(5.26%) |
Mkt cap ! $262.3M |
Open | High | Low | Value | Volume |
$4.98 | $5.05 | $4.98 | $58.52K | 11.66K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4579 | $5.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.05 | 3256 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4579 | 5.000 |
1 | 10000 | 4.700 |
1 | 200 | 4.640 |
2 | 820 | 4.450 |
1 | 2000 | 4.150 |
Price($) | Vol. | No. |
---|---|---|
5.050 | 3256 | 2 |
5.100 | 6000 | 2 |
5.400 | 3100 | 2 |
5.500 | 43 | 1 |
5.800 | 1040 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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