Could've spent that money on a dividend. 6% return at current market cap.
Would've inspired a lot more confidence in the company's ability to generate positive cash flows than a share buyback.
Small caps promising 'monetisation' are a dime a dozen.
Ann: Completion of Initial Share Buy-Back, page-10
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Last
1.0¢ |
Change
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Mkt cap ! $45.34M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $248.7K | 27.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 22920427 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 14892506 | 9 |
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| BRK (ASX) Chart |