Relax...At least we know now that the company has reactivated the buyback. The buyback can happen any time. This provides a "signal" that at least the "safety net" is still there so any sellers may think twice before selling their shares. It looks strange that suddenly the management jumped out and did buyback yesterday after being absent for buybacks for almost three and half monts since 14 Nov 2018, Could it be that they have obtained more funding from seed capitalists and commitment from IPO primary subscribers? As an investor, we do not know what is in the mind of the board. We can not read their mind, however we can observe their buyback actions yesterday. This may signal that a positive news may be coming very soon. Gain or loss is in your own hands. This is not an investment advice.
Relax...At least we know now that the company has reactivated...
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Last
21.5¢ |
Change
0.010(4.88%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 21.0¢ | $46.44K | 217.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 24951 | 4 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |
