results now out - but is the share buyback better value than project investment? Hope maths are good.
TPR sold SAR shares for $13.4m
less loan repaid ($.93m)
= $12.47m + $3.3m SAR shares @ 0.46cps plus cash = $15.8m cash and shares
divvied by 68.75m TPR shares issue = .23c per share
Market Cap of $10m @ .145 on 04/08/14 = discount of $5.8m
Ann: Share Buyback, page-2
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $158.6M | |||
| Open | High | Low | Value | Volume |
| 14.8¢ | 15.0¢ | 14.8¢ | $3.975K | 26.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 478758 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 202248 | 6 |
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| MCA (ASX) Chart |