Yes, they gave out massive capital return by selling one of...

  1. 3,762 Posts.
    lightbulb Created with Sketch. 280
    Yes, they gave out massive capital return by selling one of their business which in past was generating massive revenue for them.

    I even questioned it before in the email to company why the hell they not paying all the debt and then return the capital (even though it means few cents less cash) as that would save massive interest cost to them on going basis.

    I sold stock few months back.

    if you use website called, Marketindex.com.au then it has all info for free @ asx stocks.
    https://hotcopper.com.au/data/attachments/6213/6213458-73180fb6a87a332dda575cc1254fcdd2.jpg
 
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(20min delay)
Last
51.5¢
Change
-0.025(4.63%)
Mkt cap ! $58.34M
Open High Low Value Volume
56.0¢ 56.0¢ 51.5¢ $41.56K 78.01K

Buyers (Bids)

No. Vol. Price($)
1 30000 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 9931 1
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Last trade - 14.23pm 29/07/2025 (20 minute delay) ?
RKN (ASX) Chart
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