mgmt should back themselves & the company & do a buyback
19m shares at 23c = 4.4m
they have the cash and if they need the working capital, surely they can secure that given their results (and they are expecting 11m from IMOD over the next 12 mths at a very decent margin so that should help secure financing if needed)
Ann: Change in substantial holding, page-28
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $30.4M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 10.5¢ | $42.38K | 371.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 309737 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 43343 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AVA (ASX) Chart |