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.
I'm wondering if it's going to be to pay off the remaining debt...
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