I think the best way to get to a position where we can trust them with shareholder funds...
...is to take the funds off them!
Let's take $100M.
With the $50Mish left over...well, they probably need up to $20M working capital...
So that leaves $30M. On top of existing CAPEX $$$ budgeted from operating cash flows, another $30M is plenty more money for these guys to invest in projects that support and grow the core...
But not nearly enough money for these guys to get themselves into trouble. To do something asinine again.
I think the best way to get to a position where we can trust...
Add SKT (ASX) to my watchlist
 (20min delay)
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Last
$2.58 |
Change
-0.040(1.53%) |
Mkt cap ! $359.3M | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.60 | $2.52 | $34.21K | 13.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.59 | 879 | 1 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$2.53 |
Change
-0.040 ( 3.44 %) |
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| Open | High | Low | Volume | ||
| $2.60 | $2.60 | $2.53 | 327 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| SKT (ASX) Chart |