I truly hope they stay out of the market. Leave the share buying to investors. They need the cash to repay the Convertible Bond which I think falls due for conversion or redemption next year. There is around $49 million left to settle and they should have the cash.
With interest rate hikes etc this is never going to trade near fair value until the company settles down. That means regular profits , regular and predictable dividends.
If they want to buy back hopefully they only do so on weakness.
I truly hope they stay out of the market. Leave the share buying...
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Last
$1.85 |
Change
0.000(0.00%) |
Mkt cap ! $216.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5023 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 3649 | 1 |
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| Last trade - 16.11pm 11/10/2024 (20 minute delay) ? |
| CVC (ASX) Chart |
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