We are in the blackout period now, meaning the company directors can't say or do anything while the annual results are in preparation. There have been some fairly large buys lately and to me that seems about right for what we know from the previous report. I agree - it's just a question of time as to when this moves up further. The restoration of the dividend is a big unknown factor. I would reckon they can achieve an easing of the bank covenants and pay a small symbolic div now, while continuing to make major inroads into the debt. This would reward long suffering shareholdings who have been waiting for two years now, and show the market that the company really is on a sound footing.
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6.2¢ |
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Mkt cap ! $296.5M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 452087 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 452087 | 0.060 |
1 | 50000 | 0.059 |
3 | 603500 | 0.058 |
2 | 234316 | 0.057 |
2 | 510000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 1255722 | 5 |
0.063 | 40816 | 1 |
0.064 | 41000 | 2 |
0.065 | 209881 | 3 |
0.066 | 420000 | 2 |
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