I'm wondering if it's going to be to pay off the remaining debt given they wiped a lot of it with the profit from the previous year & then further funds for an acquisition. They mention in their presentation that they've identified a few opportunities. Be interested to see if they target the blue highlighted area below
I have 40c in my head as the price (just gut feel lol) - represents just over 15% discount. Perhaps Insto @ 40c & SPP @ 40.5 or 41c.
Ann: Trading Halt, page-6
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Last
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $16.69M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.5¢ | $15.89K | 90.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8731 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 4407 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| AMO (ASX) Chart |