all that cash sitting around is a worry . hope PPP have a lock on their money box , but seriously ,
...to what extent is the cash holding factored into the share price ?
...suppose only part of it is , then the status of the rest , which after all belongs to shareholders , comes into question , dividend ? , buy back at premium ?
...is there any regulatory requirement for management to do something with it ? there must be a limit to how long they can just hold on to it without action !
...who is making sure it is safe from malfeasance ( it wouldn't be the first time that a company official 'borrowed' funds and 'lost' these .. viz mercorello , lion energy was it ? lach drummond res was another example ! )
comments welcome
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