The last buyback was on 23 Nov 2019. The spin off diluted the company by 40 per cent if NVA could maintain 60 per cent equity ownership of the spin off subsidiary company. The buyback of $500K will only reduce outstanding shares by around 3 per cent. If the buyback is executed properly with closely monitoring, it would bring a positive effect.
So far the buyback has been done like bringing a bucket of water from ocean.
The last buyback was on 23 Nov 2019. The spin off diluted the...
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Last
24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 24.0¢ | $13.17K | 53.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 104999 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 17702 | 2 |
View Market Depth
| Last trade - 10.52am 29/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |
