The co will be sitting on over $0.70 cash after this deal settles.
I know managers don’t like to reduce their funds under management / earning pool- but at this discount they should allocate $10m to buy back shares at a discount. With such a big discount this is money invested that makes an instant profit for shareholders. At the same time it will bridge the gap between share price and nta.
The co will be sitting on over $0.70 cash after this deal...
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Last
$1.05 |
Change
-0.005(0.48%) |
Mkt cap ! $155.2M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.06 | $1.05 | $127.7K | 121.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9778 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 495 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| BTI (ASX) Chart |