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.
.
I am 99.9% certain that won't work, and if it did work it would...
-
- There are more pages in this discussion • 2 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 KOV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.99 |
Change
0.000(0.00%) |
Mkt cap ! $104.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1550 | $8.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.13 | 3987 | 1 |
View Market Depth
| Last trade - 07.00am 05/07/2024 (20 minute delay) ? |
| KOV (ASX) Chart |
Day chart unavailable