- A pile of cash earning near zero returns.
- Not buying back shares at current market prices.
- Not returning excess cash to shareholders with a special dividend. Plenty of franking credits available.
- The prospect of potentially value destructive acquisitions.
- The prospect of bad deals when the bid process was highly competitive.
- The prospect of customers going under in the near future.
Granted I'll rather face these 'problems' than a mountain of debt and being diluted with desperate share issues or bankruptcy.
Ann: Contract Awards, page-3
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Last
$1.74 |
Change
0.018(1.02%) |
Mkt cap ! $457.3M | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.75 | $1.72 | $345.0K | 198.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 6835 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 4591 | 5 |
View Market Depth
| Last trade - 13.49pm 17/07/2024 (20 minute delay) ? |
| SXE (ASX) Chart |