In our young stage of development, there is no way you would be looking to buy back shares with the current cash. Those current assets are required to fuel our current growth and development plans. You would want to see atleast 2 years of production and increasing cash flows to then consider your different capital allocation options. But I would presume, unfortunately at that stage our SP would be considerably higher.
Cash at present(CXO) = growth
Banter and general comments, page-25114
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Last
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $267.8M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 11.5¢ | $2.025M | 16.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1779853 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 7625975 | 76 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |