They had better not. Given the economics of the project it would be wiser to buy back shares while having plenty of room left over for generous dividends. It's a 25 year plus mine life so what's the urgency? Instos are getting on board and smaller SH, having shown foresight, are well and truly set. The SP is now over 30, heading much higher - it's not as if we're still at a cent. There is zero need for it and anyone who says otherwise is trolling. It ain't broken, so don't fix it. Plus, Mr. Marsh is a commonsense man who hates pissing off his shareholder base. They helped build the company.
They had better not. Given the economics of the project it would...
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.9¢ | 1.7¢ | $25.83K | 1.431M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4347850 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 3045798 | 16 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
0.001 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.8¢ | 263596 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| ADN (ASX) Chart |