Thanks for the comments Mikalee. I've been thinking the exact same thing. It's nice to read someone else has come to the same conclusion and that I'm not just an outlier. Now the S.P. has dropped to 5.8c so it would seem quite a few people are thinking the same as us. They mentioned a strategic acquisition as a possibility. We spent $80 million on those, made a profit while said acquisitions had performance targets they had to reach, then we made losses once we fully integrated them. Once bitten twice shy on that idea, and as you suggest, perhaps a capital repayment or improved dividend to shareholders would be a more noble move given what we've been put through. I have voiced the same idea as you as to the profit and I don't believe the Board is transparent on this. Houston, we have a problem.
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Thanks for the comments Mikalee. I've been thinking the exact...
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.40M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 103086 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.5¢ | 333333 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 103086 | 0.042 |
2 | 172500 | 0.041 |
2 | 147524 | 0.040 |
1 | 75000 | 0.035 |
1 | 17880 | 0.033 |
Price($) | Vol. | No. |
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0.045 | 333333 | 1 |
0.050 | 100000 | 1 |
0.051 | 18456 | 1 |
0.054 | 50000 | 1 |
0.055 | 150000 | 1 |
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