If they buy the shares back cheaply then they do boost the share price in the long term (they will have more cash in the bank at the end for the same number of shares or they can buy and cancel more shares for the same dollar amount). If they pay too much they might boost the price in the short term but in the long term those who hold a worse off.
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MEL
metgasco ltd
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Why sell?, page-5
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.674M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 6630498 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 10843632 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 6630498 | 0.002 |
11 | 38890998 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 10843632 | 8 |
0.004 | 4347000 | 5 |
0.006 | 311675 | 1 |
0.008 | 100000 | 1 |
0.000 | 0 | 0 |
Last trade - 16.21pm 29/07/2025 (20 minute delay) ? |
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MEL (ASX) Chart |
Day chart unavailable