OEC 5.00% 9.5¢ orbital corporation limited

Two million turnover, page-5

  1. 10,479 Posts.
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    Certainly the quickest I have ever seen!! Assuming they have made a profit to 30 June sufficient to meet the buyback cost with a bit left over, then our earnings per share has just increase about 10%.

    Of course, it is a long time since the Orbital SP has been anywhere near as much as the Synaject value so in theory a buyback is well worthwhile. However, there has always been a fear among shareholders that they would gradually sell of Synaject to keep paying their own salaries. If we have actually moved into a true profit mode then there is a chance yet that Orbital's SP will move to reflect the underlying values. We can only wait and see (about 22 August usually), but over the years I have learnt not to hold by breath.
 
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Last
9.5¢
Change
-0.005(5.00%)
Mkt cap ! $14.60M
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10.0¢ 10.0¢ 9.5¢ $2.865K 30.15K

Buyers (Bids)

No. Vol. Price($)
2 15000 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 1 1
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Last trade - 14.09pm 06/11/2024 (20 minute delay) ?
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