Management would have forecast their cash requirements out for 2023 and the cash at bank will be used to fund those requirements. Also it is good to have cash on hand for any leases that come to market as we saw with the Bruins acquisition.
Ann: Quarterly Activities Report and Appendix 5B - December 2022, page-33
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Mkt cap ! $57.27M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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