Why would they cap the share price? The whole point of a buy back is to boost the share price..
If they weren't buying shares, there would be no one on the bid. This share price would be considerably lower than here. It was necessary.
Why sell?, page-4
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $754 | 188.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 12765502 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14531096 | 12 |
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| Last trade - 12.37pm 30/08/2024 (20 minute delay) ? |
| MEL (ASX) Chart |