A buy-back using the $700 odd million destined for the return to shareholders would be far better capital management IMO.Without a buyback we essentially have the same capital base but supporting substantially reduced operations. It would also signal that the Board considered the equity to be undervalued.
A buy-back using the $700 odd million destined for the return to...
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Last
$1.57 |
Change
0.013(0.80%) |
Mkt cap ! $3.457B | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.58 | $1.56 | $2.126M | 1.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 50495 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 137701 | 33 |
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| Last trade - 12.39pm 02/12/2024 (20 minute delay) ? |
| AMP (ASX) Chart |
