I notice they are approaching 50% of the maximum buy-back. If they do manage to fill the lot we'll effectively lose the floor on the sp. It's hard to imagine trading at an even greater discount to cash backing but who knows what's possible in this market. Don't get me wrong, at the current sp I'd be happy if they bought everyone's shares except mine, that would make my small holding worth several million. Come to think of it, is there any chance to raising the buy-back max to 99% of the issued shares?
something cooking, page-23
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $16.62M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.4¢ | $212.2K | 14.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3461350 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 500000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| LRL (ASX) Chart |