Its the companies with no cash that crash and burn, not the cash cows.
If things keep going with current cash generation and after the court case is done, then (and hopefully more money from Crown Mountain and the escarpment) either dividends will start or the company will have more money in the bank than the market valuation!
However this company, without the institutions on board is a longer game, not for short term player. So I'm happy to continue to hold,watch and wait.
Ann: Daily share buy-back notice - Appendix 3E, page-3
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Last
71.5¢ |
Change
0.015(2.14%) |
Mkt cap ! $136.8M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.0¢ | 71.0¢ | $23.08K | 32.26K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25750 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 19190 | 1 |
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