I agree with LoveGod. The point you make is an excellent one Denial. The shareholders have not had a dividend for a very long time. However the price suppression is doing this stock real damage as noted by Gymjunky yesterday. It is important to remember that it costs very little to run an algorithm and a buyback, if targeted properly, take put pressure on the criminals who are targeting this stock. As we are "helpfully" by the representatives of the algorithm, the listing rules help the crooks, so a buyback is not a panacea. A buyback too has tax advantages for some as I understand. I personally would prefer a dividend, but my brother would not.
Webinair, page-43
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Last
$1.26 |
Change
-0.005(0.40%) |
Mkt cap ! $323.4M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | $1.24 | $240.7K | 191.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1920 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 7667 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |