Motoracebeerguy, that's a very interesting point that I have no answer or explanation for re: cash holding, unles they feel it might be needed for an acquisition somewhere, sometime. They haven't hesitated in the past in M&A activity, even if one or two haven't worked out as planned. As for why sell now, well, maybe someone needed cash :-)
Manassa, that's good info. Didn't know they'd already set themselves up in the States. European governments also desperately need some additional revenue. Certainly agree that a new deal somewhere would push SP back to the $0.45-$0.50 levels. Multiple deals (maybe individual USA states) would get towards the $1 mark.
Motoracebeerguy, that's a very interesting point that I have no...
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Last
$16.67 |
Change
-0.450(2.63%) |
Mkt cap ! $1.049B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $16.95 | $16.35 | $4.152M | 249.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 639 | $16.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.76 | 639 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| JIN (ASX) Chart |