At the current share price the directors would have to think a share buy back may be a sensible option. That's if they think investing in their own company is a good option for some of the cash holding. I know a share buy back has come up before in HC discussions but it now must be a stronger possibility.
I think it is also time for the company to come out with a financial guidance advice for the full year. Apart from the news about back taxes and a less than impressive half yearly the lack of any encouraging signs (apart from a director buying) fully explains why the share price has drifted lower.
- Forums
- ASX - By Stock
- PHX
- Acquisition Idea - ICSGlobal Ltd (ICS)
Acquisition Idea - ICSGlobal Ltd (ICS), page-10
Featured News
Add PHX (ASX) to my watchlist
|
|||||
Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.92M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $109.2K | 2.184M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 50034 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.049 |
1 | 80000 | 0.048 |
1 | 18000 | 0.047 |
1 | 30000 | 0.043 |
1 | 178096 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 50034 | 1 |
0.055 | 116000 | 1 |
0.060 | 182025 | 3 |
0.062 | 120416 | 2 |
0.063 | 211237 | 1 |
Last trade - 13.18pm 26/07/2024 (20 minute delay) ? |
Featured News
PHX (ASX) Chart |