With debt too expensive and lots of very discounted capital raisings especially in the microcap part of the market, I'd like to think that IXC can take advantage of the fact that they have cash.
I don't mind a capital return but you have to think that a reverse take over of some sort can happen here and that IXC would have lots of choices.
Some kind of left field positive announcement can probably come sometime soon. All IMO.
With debt too expensive and lots of very discounted capital...
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.260M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28320 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 22452 | 2 |
View Market Depth
| Last trade - 16.12pm 04/09/2024 (20 minute delay) ? |
| IXC (ASX) Chart |
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