With current cashflow, at current prices they could buy back their entire float at sub 3c. It wont happen, the price will have to rise.
Even taking their last dividend payment of almost $4m dollars. That's huge buying power in a company with a 100M market cap.
With current cashflow, at current prices they could buy back...
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $93.91M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.5¢ | $22.92K | 916.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 509401 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 1061750 | 2 |
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| Last trade - 13.40pm 27/06/2024 (20 minute delay) ? |
| BCN (ASX) Chart |