it’s $50m and it can be spread. They had $40m plus available in Dec and it’s now March. It’s simple cash flow and given they have zero debt and zero liability they could very easily raise cash or borrow it. I would think given the cyclical nature of this business the share price should triple easily over time
Ann: Appendix 4D and December 2023 Half Year Financial Statements, page-28
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Mkt cap ! $180.2M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 21.0¢ | $665.0K | 2.966M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1399 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 55646 | 3 |
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