Good article. The most important new "news" in the article is this IMO:
"We are now in a harvesting period where we aim to return cash to shareholders. This includes defining our dividend policy and implementing a share buyback," Justin Werner said.
If this is followed through with increased dividends or action on the buyback scene I can see a bounce in the share price. Given the prices they have previously raised equity at it just makes sense as long as they can keep the cash balance right through profits or increasing debt.
NIC - General discussion, page-993
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Last
78.0¢ |
Change
0.025(3.31%) |
Mkt cap ! $3.342B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 78.3¢ | 75.5¢ | $5.275M | 6.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46551 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 93748 | 7 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| NIC (ASX) Chart |