I think you need to polish up on your basic mathematics before you make flippant posts .
If we take the recent week of say 5 days figures from 11/8 thru to 17/8 total trades were approx 49 million shares ,the company buying of shares over the same period was less than 4 million .This is part of a long running buy back program from the company to increase share holder value by reducing shares on issue.
Allan Gray notice of increasing its position by 11 million on 17/8 to now over 100 million shares , a good positive sign , I would think.
Ann: Trading Update - My Chemist/ Chemist Warehouse Group, page-59
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Last
$2.95 |
Change
0.090(3.15%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.95 | $2.85 | $10.63M | 3.658M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 146028 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 71725 | 21 |
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