The profit reserve is just an accounting term. They don't actually have to keep that amount of cash in reserve. If they have $40m avaiable they can invest it all if necessary.
Ann: Appendix 4E and Annual Report, page-17
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Last
$1.46 |
Change
0.015(1.04%) |
Mkt cap ! $401.1M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.44 | $877.7K | 606.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 137401 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 128001 | 4 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.45 |
Change
0.015 ( 0.17 %) |
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| Open | High | Low | Volume | ||
| $1.44 | $1.45 | $1.44 | 121603 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| WMI (ASX) Chart |