They are obviously hoarding the cash too for some purposes.
As with NT last week I was surprised that the equipment funding came from borrowing when you consider there was $10M in the bank and only $2M spent.
I suppose its all about return on capital, borrow the money and get a high return from everyday items, invest your own cash (which you cant borrow) on the big vision items (eg mine expansions/acquisitions).
Hope the general market stays up though. looking a bit shakey.
They are obviously hoarding the cash too for some purposes.As...
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Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $12.45M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.9¢ | 4.7¢ | $48.61K | 1.017M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 498371 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 853769 | 4 |
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| Last trade - 10.48am 26/06/2025 (20 minute delay) ? |
| AVM (ASX) Chart |