The buybacks currently conducted by this company are irrelevant.
It would take 20 years at this rate to make any difference to the shareholder value.
It is a soft cop-out for playing safe.
Contracts in place, security for all on board - up the shareholders, let's cruise at our own pace and bask in our security.
The funny thing with that attitude, the world passes you by.
This company has a solid platform and with technology & AI exploding, Aaryn and his team are in a position to build a powerhouse of a company.
If share buybacks are the strategy for the years ahead - I find that pathetic.
Ann: Appendix 4E, Financial Statements and Annual Report, page-35
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.27M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.5¢ | $25.45K | 1.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 4558603 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 2509994 | 4 |
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| Last trade - 10.02am 16/06/2025 (20 minute delay) ? |
| CXZ (ASX) Chart |