appreciate the considered contribution - fantastic. however I'm not entirely convinced by the value of cash being treated the same as equity as such. I owned a few companies that briefly had cash reserves greater than their market cap - but that didn't last too long. And before you immediate think that's because they were good value ... it was because they spent their cash. companies always spend their cash.
I think I read CUB post this once - they'd do well to sell Windarra and/or Cerebus to help fund their start up. Without state act approval unfortunately they won't get much for it.
appreciate the considered contribution - fantastic. however I'm...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.72M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $9.399K | 2.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 108 | 62380125 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 51637167 | 37 |
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| POS (ASX) Chart |