If they spend cash on a buy back (which is as likely as us seeing the Easter bunny at the AGM) they will waste cash they need to fund any expansions.
Can't be too many people even thinking a buy back is an option - and Shagang would like to maintain its near 50% holding as well.
Ann: Dividend/Distribution - GRR, page-245
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Last
25.0¢ |
Change
0.005(2.04%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $494.2K | 1.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 88281 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 414626 | 8 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |