IMO, considering the complexities of managing the future of a $950m pile of cash the strategy might be a combination all of these 4 options.
1- Investment in growth and new business opportunities.
2- Share buy back.
3- Bonus dividends from surplus cash.
4- Cash back.
What ever they decide I don’t care as I’m in for the long term. To me the share price is just a side show. In time the sp will reflect the underlying solid fundementals.
So in the mean time all one can do is shut up shop and go fishing until this filthy virus thing blows itself out.
IMO, considering the complexities of managing the future of a...
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Last
$2.65 |
Change
0.000(0.00%) |
Mkt cap ! $3.560B | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.66 | $2.60 | $4.143M | 1.569M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 36276 | $2.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.66 | 34083 | 4 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ORA (ASX) Chart |