Disagree. When the shares are too cheap, you do a buyback if you have free cashflow. Hard to disagree with Dalts365 in these circumstances.
https://hotcopper.com.au/posts/68180990/single
"I just can not understand that went I say do a buy-back you somehow think I am also saying stop everything else. This is NOT binary. I am not shooting from the hip here.
We can progress normally, refurb the plant, explore, run a normal business AND do a buyback. As I have said, we do also need to secure that loan from the Thai consortium and or get a finance facility in Australia.
We are half price. A buyback is a no-brainer."
https://hotcopper.com.au/posts/68182540/single
Ann: Corporate Update, page-34
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$1.26 |
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Mkt cap ! $324.7M | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.29 | $1.24 | $730.6K | 579.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2051 | $1.25 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 9999 | 1 |
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