Yes ... share buyback is good. Shares are worth around $1.00 and so would make good sense for the company to buy them at these levels. This would further enhance the value of all remaining shares and would also put a floor in the market.
I wouldn't want to short the stock knowing that.
Well spotted Aussie!!
Share buyback or Special Dividend, page-5
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Last
$1.90 |
Change
0.000(0.00%) |
Mkt cap ! $2.054B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.90 | $1.87 | $6.734M | 3.598M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11185 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 45172 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| GOR (ASX) Chart |