IRI
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1.43% 69.0¢ integrated research limited

Ann: 2022 AGM Presentation, page-3

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  1. niknah
    8 Posts.
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    23/11/22
    13:33
    Post #: 64941816
    They had $6.658m borrowings at fy21. $12.149m cash. That's about $5.5m net cash.
    In fy22 they had $12.329m and no borrowings.

    Nothing related to the dividend, it was all paid by the end of fy2021

    At the AGM someone suggested that the cash could be used for a share buy back. The management believed in investing in developing the product instead, they hadn't thought about a buy back.
    IRI Price at posting: 37.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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