Yes, I'd not be adverse to distributing some of that $18m cash (at 1HFY24) back to shareholders.
I'd be surprised if M.X. Glennon was buying. Lately he has been buying back GC1 shares because he is under seige by Phil Wilson.
Sad if this is a full on internal spat because, of necessity, they will take their eye off the ball.
But yeah, GC has been backed into a corner and has been called to account. Will be interesting to watch the markets reaction.
Tradtionally, Mr Market avoids boxing matches.
Yes, I'd not be adverse to distributing some of that $18m cash...
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Last
53.0¢ |
Change
0.010(1.92%) |
Mkt cap ! $69.69M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 53.0¢ | 52.0¢ | $226.7K | 433.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 378 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 83373 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
53.0¢ |
Change
0.010 ( 0.95 %) |
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| Open | High | Low | Volume | ||
| 52.0¢ | 53.0¢ | 52.0¢ | 1058475 | ||
| Last updated 15.38pm 21/05/2024 ? | |||||
| SEQ (ASX) Chart |