On-market buy back is absolutely required here to generate some positive momentum.
Look at what’s happens with coal stocks over the last 6-12 months…the free cash flow just HAS to be returned to shareholders in various forms.
Even NHC today with a $300m buyback announced.
I would like to see at least $2-3m announced here by SHE. Still leaves plenty for capex into new WI, and ongoing opex is easily covered by monthly revenues
Ann: Quarterly Activity and Cashflow Report, page-20
Add SHE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.475M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 7085714 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 411884 | 3 |
View Market Depth
| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| SHE (ASX) Chart |
Day chart unavailable