Still looking at acquisitions.
I would rather have a cash flow positive acquisition than cash. Put K to sleep for 2-3 years.
Just me, but if they show an investment in something producing, then we would get a double rerate, ie: back to cash + value of cashflow from new business.
This would take up to a year to prove with quarterlies, but my preference anyway.
$55m cash, can buy a decent return surely!
Cap $42m
Ann: Market Update, page-5
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Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $184.2M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 31.5¢ | $30.06K | 94.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35228 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 33003 | 2 |
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| Last trade - 13.57pm 26/12/2024 (20 minute delay) ? |
| A1M (ASX) Chart |
