I am 99.9% certain that won't work, and if it did work it would be pure fluke.
Because, for it to work assumes that there would be sellers at the lower price when you tried to buy your shares back, and there's no guarantee that would be the case.
Far better to derive a valuation for the business and buy below the stock below your assessed valuation.
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KOV
korvest ltd
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0.97%
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$11.23

I am 99.9% certain that won't work, and if it did work it would...
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Last
$11.23 |
Change
-0.110(0.97%) |
Mkt cap ! $132.0M |
Open | High | Low | Value | Volume |
$11.44 | $11.45 | $11.20 | $40.61K | 3.575K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 262 | $11.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.45 | 1126 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 262 | 11.300 |
1 | 1855 | 11.220 |
1 | 721 | 11.200 |
1 | 400 | 11.080 |
2 | 545 | 11.010 |
Price($) | Vol. | No. |
---|---|---|
11.450 | 855 | 1 |
11.800 | 900 | 1 |
12.000 | 50 | 1 |
12.020 | 110 | 1 |
13.000 | 10000 | 1 |
Last trade - 15.11pm 11/07/2025 (20 minute delay) ? |
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KOV (ASX) Chart |
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VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online