I agree- I want them to sell old/underutilized assets but I don't want them recycling the proceeds into new equipment. Rather, with the share price so heavily discounted to NTA I want them to use the proceeds entirely to buy back equity. That's a very risk free use of the capital & guarantees a large return which is far more than they are getting as a ROIC on new equipment. I honestly don't know why they are not buying back large amounts of equity here. It's silly not to do so. A larger (and shinier) fleet/business does not always equate to a more profitable or more valuable one & this is a prime example of this.
- Forums
- ASX - By Stock
- Ann: Trading Update and Financial Guidance
I agree- I want them to sell old/underutilized assets but I...
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOL (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.8¢ |
Change
0.003(1.72%) |
Mkt cap ! $62.19M |
Open | High | Low | Value | Volume |
14.5¢ | 14.8¢ | 14.5¢ | $17.38K | 118.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 109904 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 885472 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 64250 | 0.145 |
7 | 574308 | 0.140 |
5 | 621423 | 0.135 |
2 | 15349 | 0.130 |
2 | 206000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 885472 | 6 |
0.155 | 969172 | 7 |
0.160 | 100000 | 1 |
0.170 | 120683 | 2 |
0.175 | 14770 | 2 |
Last trade - 15.57pm 01/11/2024 (20 minute delay) ? |
Featured News
BOL (ASX) Chart |