Excellent and doesn't mean a sale won't go ahead. It basically just frees up the balance sheet but the underlying assets (ex-cash) that generate the earnings remains, so if another company is looking at the business or parts of the balance they're probably looking at it on a cash-free, debt-free basis.
Hugely de-risks shareholders and I'll gladly bank the cash. Also puts a nice floor under the share price until it goes ex-return.
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1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $975 | 75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 12179048 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 15035860 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 12179048 | 0.012 |
8 | 4907271 | 0.011 |
7 | 14275452 | 0.010 |
2 | 1375122 | 0.008 |
2 | 166837 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 15035860 | 17 |
0.014 | 5358893 | 11 |
0.015 | 4956622 | 7 |
0.016 | 2000000 | 1 |
0.017 | 72000 | 1 |
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