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
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $6.159M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.125K | 125K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3599990 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1149472 | 4 |
View Market Depth
| Last trade - 10.08am 02/08/2024 (20 minute delay) ? |
| SHE (ASX) Chart |