Could it be that despite making profit now, the Board has decided to spend $6.5m duplicating research into soil carbon sequestration already being done by Industry groups, adding $500k p.a to recurring overhead costs to fund an ‘institute’, also duplicating existing research - all so that the CEO can give ‘green’ speeches and from what I hear get invited to major publicity events to build his own personal profile with our money. If they can fork out $7m + for these initiatives- they could have certainly paid a DIVIDEND!
Good news for AAC, page-12
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Last
$1.37 |
Change
0.015(1.11%) |
Mkt cap ! $822.7M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.38 | $1.35 | $561.0K | 411.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 371 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 7924 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AAC (ASX) Chart |