I have no idea why our management would have the idea to buy back shares, given the current PE appx 40x of earning-No one would say its undervalued. Debt cost is about 4-5%, and capital cost is zero, buying back share at this price is just simply destroy shareholders` value. Ideas?
I have no idea why our management would have the idea to buy...
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Last
$6.72 |
Change
0.000(0.00%) |
Mkt cap ! $4.858B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.79 | $6.66 | $12.63M | 1.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2017 | $6.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 34385 | 2 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |