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
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $147.9K | 501.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 388109 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 22132 | 6 |
View Market Depth
| Last trade - 11.59am 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
