Yeah I don't want dividends, or a buyback. I say just keep executing and make the shorts eat it. I would like to see them put that cash to use though, they've said they will spend $175M over 5 years but haven't really explained how.
I give some credit to Wolgen's argument that having cash reserves does signal to the market that they aren't going to need to cap raise.
Ann: CEO Letter, page-38
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Last
$15.69 |
Change
0.070(0.45%) |
Mkt cap ! $786.1M | |||
| Open | High | Low | Value | Volume |
| $15.68 | $15.98 | $15.58 | $1.543M | 98.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 256 | $15.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.77 | 256 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$15.70 |
Change
0.070 ( 0.36 %) |
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| Open | High | Low | Volume | ||
| $15.68 | $15.97 | $15.60 | 6072 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| CUV (ASX) Chart |