@ $10.36... if no one else is a buyer, CENX is - with its $60 million share buyback programme.
Although BHP, TIF, and AMZN all had much higher denominated share buyback programmes, CENX's share buyback initiative represents more than 6% of outstanding shares, which is higher than the % of BHP share buyback.
Essentially, they can buy back about 5.74 million shares at this current price, or 6.15% of all outstanding shares.
With sub-1 P/B and P/S levels, this is a high probability trade - or so I think.
I missed out on Friday's dip to $9 something, but it's better to be in the game than to have perfect prices.
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