They increased their Cash balance by just $1mil in the Dec qtr - I'm expecting it will turn negative to the tune of around $3mil in the Mar qtr - and I would expect that might repeat itself for the next two quarters.
I'm not expecting any increase in the gold price they recd in the Dec qtr for the Mar qtr after hedging.
But not much use in speculating any further - just got to wait for the figures in two weeks time.
You must think there are reasons why the share buyback didn't operate even at $1.20.
They increased their Cash balance by just $1mil in the Dec qtr -...
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Last
$2.00 |
Change
0.000(0.00%) |
Mkt cap ! $110.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4846 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.10 | 2121 | 1 |
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| Last trade - 10.02am 29/08/2024 (20 minute delay) ? |
| DRA (ASX) Chart |
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