It looks like a reasonable buy for me. The only thing that I am trying to understand is why management has gone forward with a buy-back program with SP at its peaks instead strengthening the balance sheet and investing in growth (the growth pipeline had been identified with data centres) or paying special divs with the sell of the TowerCo. Any one has any background on that?
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SPK
spark new zealand limited
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1.40%
!
$2.17

It looks like a reasonable buy for me. The only thing that I am...
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Last
$2.17 |
Change
0.030(1.40%) |
Mkt cap ! $4.099B |
Open | High | Low | Value | Volume |
$2.18 | $2.19 | $2.16 | $2.500M | 1.149M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3925 | $2.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.18 | 46007 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18 | 2.180 |
4 | 24258 | 2.170 |
2 | 23000 | 2.160 |
4 | 1280 | 2.150 |
6 | 257716 | 2.140 |
Price($) | Vol. | No. |
---|---|---|
2.140 | 2 | 1 |
2.180 | 10731 | 2 |
2.190 | 5802 | 2 |
2.200 | 34668 | 5 |
2.210 | 4885 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online