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...
Add BCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.8¢ | $10.42K | 361.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 572230 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 3848939 | 12 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
| BCN (ASX) Chart |