Hi Oracle,
What were your thoughts on the FY09 result?
Pretty underwhelming IMO. They have been "poised for growth" for so long I am thinking that the only thing growing are the cobwebs as they sit there on the start line.
If they have so much cash why are they not paying a divi in favour of a share-buy-back?
The cynic in me says that with Directors holding so much of the company they are using buy-back as first cheap step to taking MVP private.
Cheers
John
price being held down?, page-4
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Last
38.5¢ |
Change
-0.087(18.4%) |
Mkt cap ! $41.85M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 38.5¢ | $21.21K | 53.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17119 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 13685 | 2 |
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| MVP (ASX) Chart |