Agree @Permabear. By far the most shareholder friendly way of distributing cash on the balance sheet. Ideally if they can acquire 4m shares under $0.20/$0.30 we end up with market cap of 7.2/10.8 (EV 7.7/ 11.3) respectively at those prices instead of 8 and 12m (EV 8.5m/12m) respectively at those prices....if only they can find that volume of shares to buy!!
excellent decision...
Ann: Details of share buy-backs, page-3
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.472M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 373134 | 4 |
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| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| LVE (ASX) Chart |
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