Hypothetical question to ponder..
If A1N wasn't doing buybacks and bailing out their mates at a major competitor, but instead reduced debt and maintained reasonable dividend yield (not hard to do when your MC has fallen this far), would the market be viewing A1N more favourably now and for the next 18 months or so..??
Instead, we still have significant debt, the 'strategic investment' into SXL is already ~$10m underwater, interest rates continue to rise and revenue/profit is likely to fall until '25 at the earliest.
Hypothetical question to ponder..If A1N wasn't doing buybacks...
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Last
60.5¢ |
Change
-0.010(1.63%) |
Mkt cap ! $189.3M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 62.5¢ | 60.0¢ | $26.68K | 44.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5410 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 2000 | 1 |
View Market Depth
| Last trade - 15.16pm 23/08/2024 (20 minute delay) ? |
| A1N (ASX) Chart |