But when it comes to A2M's FY24 reporting time, they will be sitting on about $1B in cash.
No dividend, no buyback, no acquisitions, no blending & canning facility, no other investments in supply chain. And apparently no immediate plans with respect to Synalit.
At some point "prudent" capital managment begins to look more like "paralysed by indecision" capital management. What is the strategy?
A2M Price at posting:
$6.82 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)