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
$38.58 |
Change
0.660(1.74%) |
Mkt cap ! $118.6B | |||
| Open | High | Low | Value | Volume |
| $37.99 | $38.58 | $37.93 | $224.4M | 5.839M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $38.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.58 | 30781 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |