The $2.7M debt repayment announced today ex proceeds from sale of the non-core Townsville property demonstrates that this company has a very strong shareholder return bias in that the ROE from the Radco Drilling acquisition is clearly going to be exponentially greater than the yield on the disposed property.
Looking fwd to FY18 profit result, but more importantly their outlook statement and the expected future rate of rig deployment in FY19.
Good companies generally keep doing good things.............this is a good company.
- Forums
- ASX - By Stock
- Ann: Material debt reduction
The $2.7M debt repayment announced today ex proceeds from sale...
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MSV (ASX) to my watchlist
(20min delay)
|
|||||
Last
40.0¢ |
Change
-0.010(2.44%) |
Mkt cap ! $85.43M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 39.5¢ | $138.2K | 346.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 64768 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 49189 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19940 | 0.420 |
1 | 4000 | 0.400 |
3 | 121410 | 0.390 |
2 | 5175 | 0.385 |
3 | 104446 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 49189 | 1 |
0.430 | 99876 | 2 |
0.445 | 22471 | 1 |
0.450 | 120549 | 3 |
0.465 | 2152 | 1 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
40.0¢ |
  |
Change
-0.010 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
40.0¢ | 40.5¢ | 40.0¢ | 78083 | ||
Last updated 15.45pm 06/05/2024 ? |
Featured News
MSV (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, CEO
Steven Gourlay
CEO
Previous Video
Next Video
SPONSORED BY The Market Online