Good to see there are some posters with common sense - ban buy backs - what a load of rubbish.
If it was a sigh of bad economical times ahead why would a company reduce cash reserves by conducting a buy back - would it not make more sense that they would sit on the cash to see them through the bad times and or make acquisitions at a cheaper price during these times.
How is it manipulating the market when the buy back activitey is published daily. To shaort a stock during a buy back is something you have to be very careful with - if you feel the stock is over priced wait till the BB is near its completion and short the stock then.
Good to see there are some posters with common sense - ban buy...
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Last
$36.07 |
Change
-0.160(0.44%) |
Mkt cap ! $111.6B | |||
| Open | High | Low | Value | Volume |
| $35.75 | $36.18 | $35.74 | $94.44M | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16116 | $36.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.08 | 4628 | 2 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |