I think a 1 cent divvie would be appropriate and it reward shareholders handsomely.
Another possible consideration as well could be to offer to buy back non marketable share parcels totalling about 1/2 a million shares or so. These are most likely shareholders that invested in SAU several years ago and their holdings went below the saleable threshold of $500. Spending 150K on buying these guys out seems the right thing to do, given the circumstances of having the cash to do so.
The divvie and buyout would cost about $600K.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.502M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $5.435K | 452.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2791393 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 2128208 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2791393 | 0.011 |
3 | 1691200 | 0.010 |
3 | 671111 | 0.009 |
4 | 1005450 | 0.008 |
3 | 942857 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 2128208 | 4 |
0.014 | 1704500 | 2 |
0.015 | 1600001 | 3 |
0.016 | 579705 | 2 |
0.017 | 100000 | 1 |
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