I agree that some of their cash should be used to buy back shares. Closing the gap between market price and nta would be better than a one off distribution imo. And it just makes sense to buy below nta when such a large part of that NTA is cash backed. The rest should go into new / follow on investments, while always having a buffer.
I agree that some of their cash should be used to buy back...
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Last
$1.20 |
Change
0.000(0.00%) |
Mkt cap ! $175.9M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.19 | $126.6K | 105.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21005 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 12546 | 2 |
View Market Depth
| Last trade - 15.50pm 07/06/2024 (20 minute delay) ? |
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Last
$1.20 |
Change
0.000 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.20 | $1.19 | 8443 | ||
| Last updated 15.50pm 07/06/2024 ? | |||||
| BTI (ASX) Chart |