I think this is a possible if not probable position by the end of 2025. Of course you need to believe what DP says and I am very sceptical of the guy. I think the BB last year was designed to give top holders an out as buying when that wasn't happening was very lacklustre.
If DP was serious about a BB he'd know exactly how much cash was required to drill, when flows were going to occur and know how much extra he had now to buy shares at 1c. $5m now cleans up a serious part of the register and I for one will be annoyed if they finish the upcoming drilling with a $10m+ balance in the bank throughout the year while paying only lip service to the BB.
Ann: Completion of Initial Share Buy-Back, page-14
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Last
1.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.11M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $23.05K | 2.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 25833994 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 54460586 | 48 |
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