Ok I have been all for a "no share buy-back policy" in the past to conserve cash. However, at sub $0.48 the market is valuing Silex Laser, Solar, Trans and poor couz Chronzo at sub $16M.
Surely (couldn't resist) they could start up a buy-back at this price - even if just to scare the bajesus out of the shorters.
They could buy-back 10% of the shares on issue and still have more than $55M in the bank.
Just a thought.
SirKnight!
Buy-back now
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Last
$5.33 |
Change
0.260(5.13%) |
Mkt cap ! $1.262B | |||
| Open | High | Low | Value | Volume |
| $5.12 | $5.33 | $5.01 | $4.811M | 914.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 336 | $5.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.34 | 1698 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SLX (ASX) Chart |