I think you'll find it highly unlikely Progen will be offering bigger buy back - the rationale behind the merger for AVX was to get access to their cash.
I think that is part of the reason why you are seeing such a big sell off... all the people who bought in around 60c hoping for $1.10 to be returned to all shareholders.
I think you'll find it highly unlikely Progen will be offering...
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Last
44.0¢ |
Change
-0.005(1.12%) |
Mkt cap ! $72.46M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 44.0¢ | $10.48K | 23.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1124106 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 1389 | 1 |
View Market Depth
| Last trade - 10.10am 12/07/2024 (20 minute delay) ? |
| PGL (ASX) Chart |