I don't think they have enough cash for a meaningful buy back. Maybe in a couple of years. I think dividends are more likely though and would be better than a buy back. in the near term I would much prefer the cash be spent on exploration including gold and other lithium tenements, production expansion, progression the downstream options and looking into potential acquisitions.
I don't think they have enough cash for a meaningful buy...
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Last
9.4¢ |
Change
-0.003(3.09%) |
Mkt cap ! $200.8M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.3¢ | 9.4¢ | $1.562M | 16.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1063679 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 6888 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |