Given the buyback is about a million a week. I am curious as to what will hasten this process, as there are about 146,000,000 to go. Aug 23 is the final date of buyback. At this rate, I can only see about 38m more being bought back. Leaving it 120 million short of the target.
One could conclude the SP is likely move upwards as the share buyback draws to a close if they want to buy back the whole 158 million
So far little movement to speak of. There current average is .435c So any comments around what might happen to the SP in 2023 based upon this scenario?
SWM Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
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