MCE 19.6% 27.5¢ matrix composites & engineering limited

Y would a share drop after a buy back? shouldn't the price rise...

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  1. 963 Posts.
    Y would a share drop after a buy back? shouldn't the price rise because you own a bigger percentage of the company due to less shares on issue??
 
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Last
27.5¢
Change
0.045(19.6%)
Mkt cap ! $72.45M
Open High Low Value Volume
26.0¢ 29.0¢ 26.0¢ $57.59K 205.0K

Buyers (Bids)

No. Vol. Price($)
2 7703 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 36500 1
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Last trade - 15.48pm 25/11/2024 (20 minute delay) ?
MCE (ASX) Chart
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