As a suit, and a member of the Board, Gareth's job is to increase shareholders wealth and he can do that right now by:
1) Putting some funds into a buyback, and
2) Countering any false reports by the media and analysts, such as a low price ceiling by reported by some.
1) We don't spare cash to use for buybacks Yahua lent us money through pre payment to help cashflow not buybacks. When we have cash in excess of future funding requirements then they will consider buybacks or dividends.
2) If they spent time refuting so called false reports or rumors on HC etc ( if they were silly enough to read them in the first place) would become a fulltime job in itself. There is continuous misinformation on social media.
Value is achieved by getting on with the job and happens over years not days IMO.
The suits will have a considerably better handle on requirements than most anonymous posters on an internet chatsite, or at least I hope so...
Cheers Whisky
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Last
10.0¢ |
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Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.7¢ | $1.346M | 13.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 452071 | 9.9¢ |
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Price($) | Vol. | No. |
---|---|---|
10.5¢ | 2273869 | 37 |
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No. | Vol. | Price($) |
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4 | 452071 | 0.099 |
7 | 552667 | 0.098 |
11 | 860003 | 0.097 |
13 | 1116544 | 0.096 |
17 | 2319096 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 2273869 | 37 |
0.110 | 3103672 | 45 |
0.115 | 1716842 | 21 |
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0.125 | 1416269 | 26 |
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