I think that the buyback price is at the discretion of the company, and would be reviewed on a regular basis to accommodate fluctuating market conditions, and to support the SP. They wouldn't want to reveal the buyback price in advance.
This should be a very positive move for the benefit of all shareholders, and once the 23% total buyback is completed, we'll all own a larger slice of the company.
Wingellina might by then be attracting more interest, despite the forecast oversupply of nickel for 2011/12. The demand/supply cycle should have turned well before Wingellina gets near to production.
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Last
68.8¢ |
Change
0.028(4.17%) |
Mkt cap ! $609.3M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 69.0¢ | 66.0¢ | $1.520M | 2.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 29111 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 102855 | 19 |
View Market Depth
| Last trade - 13.01pm 14/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |