Well, no doubt the company will want to stockpile cash for the foreseeable future or spend it on expanding into APAC. But if they continue to generate good cash whilst the SP goes down, they might be convinced to buy back their own stock.
With 1/3 of their market cap in cash, they are already in a good position to do it. If the SP slides more, maybe they'll act.
What would people's opinion in that be at say 25, 20, or 15c? Hypothetically.
Well, no doubt the company will want to stockpile cash for the...
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Last
6.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.11M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72199 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 18000 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| AV1 (ASX) Chart |
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