A little dividend would help out as well. Even if it was just the promise of .1 of a cent guaranteed over 2 instalments in a 12 month period would tell a prospective buyer of the stock they would get a 8% plus return and would only cost the company a little over $5 mill which would get replaced in months currently. Let alone if they gave away .05of a cent in the next 6 months and .1 of a cent in the 6 months following returning .015 of a cent and about 12.5% return. on current SP. Would take very little from their war chest and give some shareholders a dash of faith. Maybe the board has little faith in their own ability.
A little dividend would help out as well. Even if it was just...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $10.82K | 832.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2688085 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 7217741 | 13 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 33525 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| OEL (ASX) Chart |