What is the reasons for having BB when ur a using borrowed funds to buy a stake in another company?
To me ur redirecting excess funds to the wrong area. They could have given us a bigger dividend in stead of gambling these funds on a BB.
It also arouses suspicion that the BB starts just before an AGM - 14 Sept 22 and notice of upcoming AGM 10 Oct 22.
How do we know if they are paying excessive price for a repurchase of shares?
What is the reasons for having BB when ur a using borrowed funds...
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Last
$10.75 |
Change
-0.220(2.01%) |
Mkt cap ! $670.2M | |||
| Open | High | Low | Value | Volume |
| $11.01 | $11.12 | $10.70 | $924.2K | 85.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2453 | $10.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.77 | 778 | 12 |
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| Last trade - 13.14pm 08/08/2025 (20 minute delay) ? |
| JIN (ASX) Chart |