So assuming they complete acquisition of Catherines they will have $100M or so in cash (42 cps). They must have a pipeline of acquisitions to raise so much cash. I also note they have $49M of franking credits on the books as at June 30 2019. I wonder if they have a plan to release some of those using this cash?
Ann: Completion of Share Purchase Plan, page-2
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $41.11M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $38.33K | 314.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 894078 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 271124 | 6 |
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| CCX (ASX) Chart |