I think that the buyback price is at the discretion of the...

  1. 1,488 Posts.
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    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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(20min delay)
Last
66.0¢
Change
0.045(7.32%)
Mkt cap ! $585.0M
Open High Low Value Volume
61.5¢ 66.5¢ 61.0¢ $3.412M 5.281M

Buyers (Bids)

No. Vol. Price($)
3 88655 65.0¢
 

Sellers (Offers)

Price($) Vol. No.
66.0¢ 6834 1
View Market Depth
Last trade - 16.16pm 11/07/2025 (20 minute delay) ?
MLX (ASX) Chart
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