how about using excess capital to buy back shares?
using "excess capital" (whatever that is...) looks like lazy accounting to me. and using it for "general working" in a company thats CFP looks even lazier.
Ann: Proposed issue of securities - ODA, page-3
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $32.13M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $3.97K | 20.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34063 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 10862 | 1 |
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| Last trade - 12.23pm 30/08/2024 (20 minute delay) ? |
| ODA (ASX) Chart |