Well if no-one else wants to answer the question, don't mind me while I talk to myself.
How should an ASX listed company use available funds (Cash)?
1- Pay the bills. (Reckon GRR has the bills under control)
2a- After bills are paid, use Cash to build the business and grow the shareholders' (owners) wealth.
OR
2b- In the absence of a plan to use Cash to build business/grow SH wealth, return Cash back to shareholders' (owners)
What else is there?
Still trading at Disc to Cash. Why?, page-44
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $300.9M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $224.3K | 860.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 121209 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 286541 | 9 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |