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
$1.61 |
Change
0.003(0.16%) |
Mkt cap ! $3.457B | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.64 | $1.60 | $4.545M | 2.797M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 109865 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 53113 | 47 |
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| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| AMP (ASX) Chart |
