At this price we are make big money
If the momentum continues to move the price forward we will continue to make huge profit. They know they need capital management plan. If the Buyback is not advantageous at these higher prices (and higher prices to come) they they need to look at a return to shareholders. It’s foreseeable that our cash watches gets out past a quarter of a billion in 12-24 months.
They can’t continue to amass the cash forever. It’s more than we need to develop our projects.
Ann: Quarterly Activities Report, page-71
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Last
41.5¢ |
Change
0.010(2.47%) |
Mkt cap ! $376.0M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 42.0¢ | 40.5¢ | $571.6K | 1.383M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50076 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 253197 | 5 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |