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.
I was thinking to myself the other day that if in lieu of...
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Last
$9.11 |
Change
-0.170(1.83%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $9.30 | $9.35 | $9.10 | $11.02M | 1.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2001 | $9.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.12 | 2630 | 23 |
View Market Depth
| Last trade - 13.40pm 23/06/2025 (20 minute delay) ? |
| LYC (ASX) Chart |