MEL should not have done any buyback at all, especially with that pittance they received. They wanted to help shareholders who want to exit the stock, but when they find some distressed assets or merge, the shareprice will automatically increase.
Why sell?, page-2
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.830M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2105211 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3778476 | 8 |
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| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
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