A capital reduction so soon after an equity raising, and for a high growth business is challenging to fathom.
In addition, at these lower share price a buyback would make more sense.
While I like this company's story, the over-reporting and contradictory corporate actions are a worry.
Ann: Capital Reduction & COVID-19 Update, page-9
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Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.71M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 5000 | 1 |
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