I think you'd find, given industry dynamics, that the SP would more likely improve if PMP directed FCF towards share buybacks and dividends than trying to invest for growth.
After all, it was the irrational capacity building by the industry over the past decade which has contributed to the poor financial outcomes of late.
I think you'd find, given industry dynamics, that the SP would...
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Last
2.1¢ |
Change
0.002(10.5%) |
Mkt cap ! $23.85M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $16.14K | 803.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 300450 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 736094 | 6 |
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| Last trade - 13.13pm 31/05/2024 (20 minute delay) ? |
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Last
2.0¢ |
Change
0.002 ( 6.95 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.1¢ | 1.9¢ | 217369 | ||
| Last updated 13.47pm 31/05/2024 ? | |||||
| OVT (ASX) Chart |