Everyone likes a company with a very healthy cash balance.
It's like having a safety net, look at what's been happening with 29m.
They might get away with not having to do a capital raise thanks to cash reserves.
Don't wanna be one hiccup away from crisis, also want to build a cash buffer before either starting up the other mine or returning capital to shareholders.
Everyone likes a company with a very healthy cash...
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Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $32.71M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.5¢ | $6.687K | 43.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 160000 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 95619 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KAU (ASX) Chart |