It all comes down to valuations.
Lend Lease is a good example.
They completed a buy back years ago at way to high a price. In hindsight they should of held the cash and bought back substantially more at the $8-9 price.
But if the market is ignoring a share and excess cash is available then buy-back should always be an option.
It all comes down to valuations.Lend Lease is a good...
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Last
$36.43 |
Change
-0.570(1.54%) |
Mkt cap ! $111.9B | |||
| Open | High | Low | Value | Volume |
| $36.76 | $36.79 | $36.38 | $119.5M | 3.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $36.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.43 | 6725 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NAB (ASX) Chart |