Exactly, HLO are sitting on large piles of cash I bet plus the CTD shares are out of escrow.
Long term yes it will be fine but in the interim I cannot understand why they wouldn't do at least a small buy back to boost or give confidence on the share price. We (the holders), really need to give the board a good kick up the ass next vote opportunity we get because it is crazy that they just sit back and don't do anything.
Ann: HLO Trading Update for March Quarter 2024, page-151
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Last
$2.28 |
Change
0.040(1.79%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.29 | $2.23 | $139.8K | 61.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11178 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 12590 | 8 |
View Market Depth
| Last trade - 13.08pm 12/08/2024 (20 minute delay) ? |
| HLO (ASX) Chart |