Does anyone care to speculate or know what clover want to do with the circa 9.5 million in the bank? Its not going to be absorbed by any losses, thats for sure.
The money is lazily sitting there, earning interest (at best). There havent been any strategic plans for it - in terms of any corp activity - or plant/equip purchases. I cant see why they shouldnt return a portion of it to shareholders.
The cash balance equates to 5.7c ps. They could at least return half of this in addition to the expect profit for this year.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
55.0¢ |
Change
0.005(0.92%) |
Mkt cap ! $91.84M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 54.5¢ | $15.46K | 28.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11664 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 1710 | 1 |
View Market Depth
| Last trade - 15.46pm 12/09/2025 (20 minute delay) ? |
| CLV (ASX) Chart |