Thanks VYR. Yes I was referring to an off market buyback similar BHP, mainly to save the Franking Credits in the current political circumstances. Not sure what the cost would be, but it may be viable. $21m is a lot to waste. If all current shareholders could participate half their shares in a buyback, their remaining shares would increase significantly in value and they will have the funds from the buyback in their pockets. The $21m FCs are burning a hole in my pocket. I would hate to see them end up helping fund "Pink Batteries" or the like.
Thanks VYR. Yes I was referring to an off market buyback similar...
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Last
5.6¢ |
Change
-0.002(3.45%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.5¢ | $178.0K | 3.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 260909 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 799916 | 1 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
