Exactly, HLO are sitting on large piles of cash I bet plus the CTD shares are out of escrow.
Long term yes it will be fine but in the interim I cannot understand why they wouldn't do at least a small buy back to boost or give confidence on the share price. We (the holders), really need to give the board a good kick up the ass next vote opportunity we get because it is crazy that they just sit back and don't do anything.
Ann: HLO Trading Update for March Quarter 2024, page-151
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Last
$1.85 |
Change
-0.015(0.80%) |
Mkt cap ! $297.9M | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.88 | $1.85 | $890.1K | 479.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 11525 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 900 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| HLO (ASX) Chart |