What is wrong with a buy back? For a company trading at a discount to cash of 20% you get 6c return for every 5c spent. A divvie you get 5c for 5c. Save the franking credits for when it trades above cash
What is wrong with a buy back? For a company trading at a...
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 (20min delay)
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $248.3K | 843.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 256819 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 263319 | 16 |
View Market Depth
| Last trade - 13.55pm 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
