$1b buyback = 400,000,000 shares at $2.50 current price.
500,000,000 at $2
260 trading days per year.
So they have to buy 1-2 million shares a day every day or a whole heap more every day they linger.
Like i have said before the SP will be much higher when they finish.
The longer they leave it the better the run. But i think thewy may be onto it allready, they are just smarter at buying.
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $73.89M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.5¢ | $8.293K | 50.26K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2775 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 288381 | 2 |
Last trade - 10.19am 02/12/2024 (20 minute delay) ? |
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