As the company is anyway so undervalued, I'd like to see management put some of the money towards a strategic share buy back - mop up the weak hands and retire those shares.
The sums required would be just a small part of the cash to be distributed, and the effect on the SP would be exponential.
The balance of the earmarked cash could then be distributed to remaining shareholders.
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Last
5.4¢ |
Change
-0.005(8.47%) |
Mkt cap ! $18.09M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.4¢ | $2.17K | 37.61K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25844 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 64910 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25844 | 0.054 |
1 | 47170 | 0.053 |
1 | 60000 | 0.050 |
1 | 63851 | 0.046 |
1 | 11001 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 64910 | 1 |
0.060 | 213310 | 2 |
0.061 | 31762 | 1 |
0.066 | 50000 | 1 |
0.073 | 8277 | 2 |
Last trade - 10.09am 06/09/2024 (20 minute delay) ? |
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