If it’s simply a numerical problem just consolidate the number of shares and make
the share price respectful.
At the moment the BB seems to be reducing the number of shares without visible benefits
for the mum and dad investors.
Could someone pls explain to me how this form of BB is an efficient form of capital return.
In the past when AMP did a capital return it involved a payment to every shareholder.
From a tax point of view, I simply had to reduce my cost base.
What is so inefficient in a capital return that involved simply reducing the cost base?
If it’s simply a numerical problem just consolidate the number...
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Last
$1.10 |
Change
-0.010(0.90%) |
Mkt cap ! $2.933B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.10 | $3.320M | 3.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 573814 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 468154 | 72 |
View Market Depth
| Last trade - 15.49pm 28/05/2024 (20 minute delay) ? |
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Last
$1.10 |
Change
-0.010 ( 1.27 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.11 | $1.10 | 786151 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| AMP (ASX) Chart |