I can only see a CR happening if there is an acquisition on the market that management want NOW. PH owns about 15% of the company so can’t see him doing anything that doesn’t protect shareholder value.
So as long as any CR increases shareholder value in terms of EPS, then I’m happy. I think we have very shrewd management so will back them in if they feel a CR is warranted. But I think their natural instinct would be not to “share” the company with new investors unless pivotal to the growth strategy.
I can only see a CR happening if there is an acquisition on the...
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $276.8M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 53.5¢ | 50.5¢ | $538.5K | 1.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45416 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 36960 | 2 |
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| Last trade - 12.24pm 27/09/2024 (20 minute delay) ? |
| VYS (ASX) Chart |