IMO, you can always redraw debt so why pay interest (albeit low rates atm but still over prime rate, I would guess given the industry) when there is no need. Still building SH value thru the buyback is my point and future opportunities, if they're out there, are still in the vision and capability. Better than the option of increasing dividends at this point. Cheers.
Ann: Notice of Proposed Buy Back and Appendix 3C, page-4
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Last
60.0¢ |
Change
-0.030(4.76%) |
Mkt cap ! $137.3M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 63.0¢ | 60.0¢ | $49.59K | 81.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43613 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 5098 | 1 |
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| Last trade - 14.13pm 29/07/2024 (20 minute delay) ? |
| TGP (ASX) Chart |