Doubt it, Bill sounded pretty keen to cling to the cash hoard when I spoke to him on the phone. We'll find out what the plan is eventually I guess... no acquisition and no buyback so the only remaining options I can think of are either sitting on it at record low interest rates or return it to shareholders as dividends. To be honest I think Bill is a better entrepreneur than he is a capital allocator.
Ann: Trading Update-COO.AX, page-23
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Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.93M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 260000 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 88842 | 1 |
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| Last trade - 16.30pm 05/07/2024 (20 minute delay) ? |
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