Agree. MSV had me hooked when they sold those two old rigs for a hefty sum and had the pre purchase in for the new rigs. It’s normal to be “scared” of microcaps with the potential to lose a substantial % of your funds, but the metrics for MSV are all going in the right direction. When the CEO ? Was asked in what direction MSV was going… buy back, reduce debt, pay divvies or buy more machinery ? He replied…. It depends…. We can do any of those depending on the situation! Having options is great….it’s when you have no options, that you are effectively finished !
MSV SH also have options.. and IMHO, that’s good, especially now that dividends are on the table, not necessarily guaranteed, but an option !
Ann: FY24 Q3 quarterly result briefing, page-29
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Last
35.5¢ |
Change
-0.015(4.05%) |
Mkt cap ! $76.96M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 35.5¢ | $49.17K | 137.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39434 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 107611 | 4 |
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| Last trade - 14.57pm 09/09/2024 (20 minute delay) ? |
| MSV (ASX) Chart |