It seems that way. I would be worried if I was short, and there’s a buyback announcement and that doesn’t seem off the cards based on Jon’s remarks today. That seems more likely to occur at the end of the year, start of next as by then the finalised p3 costing should be known, along with receiving our next sales milestone. Jon and the board only will do a buyback if there’s sufficient cash in reserve - a CR at these levels will suck, so I completely understand their need to see the cash in the bank before announcing it.
It seems that way. I would be worried if I was short, and...
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Last
$16.57 |
Change
2.170(15.1%) |
Mkt cap ! $2.117B | |||
| Open | High | Low | Value | Volume |
| $14.85 | $16.67 | $14.60 | $24.77M | 1.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $16.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.57 | 1717 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |