Buyback is normally used by large companies to reduce the number of shares on issue. For companies generating earnings, this increases earnings per share ( increase earnings per share and you have a positive impact on share price provided P/E remains constant or rises ).
Buybacks are very rarely used by microcap companies. NVA put the mechanism in place to support the share price ( when they deem it is necessary ).
Buyback is normally used by large companies to reduce the number...
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46000 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 3030 | 1 |
View Market Depth
| Last trade - 08.10am 29/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |
Day chart unavailable
