Buybacks tend to be gradual. For example if they bought 20m shares a month for a year that would mean our total shares on issue would drop by 240m, or about 7%. So on today’s price, with nothing else changing, our share price after a year should rise by .1 or .2c. And it would have cost the company about $530,000.
Not exactly life changing, but I think it would stop our price from slipping any further.
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.40M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.3¢ | $28.26K | 1.228M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1826847 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 295141 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1616847 | 0.022 |
2 | 75000 | 0.021 |
5 | 4351841 | 0.020 |
1 | 30000 | 0.019 |
1 | 1000000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 295141 | 3 |
0.024 | 1487929 | 5 |
0.025 | 1378537 | 4 |
0.026 | 291153 | 2 |
0.029 | 64398 | 1 |
Last trade - 15.34pm 09/08/2024 (20 minute delay) ? |
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