@F18FDG
well, No 1, they would have over $10m cash in the bank, even raised money on market, even self-love, they have the ability and luxury.
No 2, the buy started before they commenced AGM and announced buy-back, so, it is not a self-love, just to correct you.
No 3, the buy-back would not allow for buying at 10% jump, so again, it is not a self-love
Finally, if annualized net profit is above $5, their EV is trading at 5xPE, just a fully franked dividend will give an 8% return.
As a reference, in 2018, when they announced 1HFY18 with $2.8 EBIT, the share price jumped to 75c from memory, $3.7m is another 32% from that.
@F18FDG well, No 1, they would have over $10m cash in the bank,...
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Last
$2.37 |
Change
-0.010(0.42%) |
Mkt cap ! $130.7M | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.38 | $2.28 | $8.888K | 3.821K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 220 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 9758 | 1 |
View Market Depth
| Last trade - 13.16pm 26/06/2025 (20 minute delay) ? |
| VLS (ASX) Chart |