So confirmation that approx $20million cash is added to the bank account and the share price doesn’t move, In fact there are more sellers lining up each day to quit at 16c to 17c.
We must be getting to a clean operating network and data centre business that should be attractive to a larger operator especially with our accumulated tax losses.
Otherwise I don’t see what will move the share price. Maybe another special dividend to distribute some cash?
So confirmation that approx $20million cash is added to the bank...
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $50.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.0¢ | $2.910M | 19.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 239951 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 572545 | 10 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |