Sooner or later they will have to use that cash for an acquisition or pay it back to shareholders. A lot of cash makes it an attractive takeover proposition too so I have no complaints about them building up a stockpile. At least we wont see a dreaded capital raising in the foreseeable future.
Adacel opening today, page-17
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47.5¢ |
Change
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Mkt cap ! $36.25M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.5¢ | 47.5¢ | $9.83K | 19.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5899 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 1087 | 1 |
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