I was thinking to myself the other day that if in lieu of dividends, a stock buy-back plan might not help stabilize the volatility.
We have a billion shares floating. That allows for quite a bit of jiggery-pockery with the stock.
Over 1-2 years, if you reduce the outstanding shares by X%, the share price would increase, and the float would be tighter.
It seems shareholders loves stock buy-backs as much as they love dividends.
You know me though, I'd like LYC to hold its capital, rather than disperse it.
Just a thought. Just adding to the conversation.
Stock price, page-16
-
- There are more pages in this discussion • 354 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.98 |
Change
-0.080(1.32%) |
Mkt cap ! $5.589B | |||
| Open | High | Low | Value | Volume |
| $5.97 | $6.02 | $5.90 | $19.37M | 3.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 116965 | $5.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.99 | 179 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |