CCV 10.8% 20.5¢ cash converters international

I went to one in Armadale the other day around midday, seemed...

  1. 49 Posts.
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    I went to one in Armadale the other day around midday, seemed busy as well.

    I have been dissapointed with management for the last 3-4 years that I have held this stock. Management still seem to get bonus's and meet stock option targets while owners have done nothing but contribute money to this company for the last 4 years. The way around this is to link bonuses to total shareholder return.

    If this was taken over anything short of 30-40c I think management would open themselves up to being personally liable for short changing owners. I certainly would investigate this option if it happened as I don't think anyone can argue that this stocl is worth much less.

    At these prices and the cash on the books the ONLY clear course of action is to do a buy back. This will maximise shareholder return in the long run.
 
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Last
20.5¢
Change
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Mkt cap ! $128.6M
Open High Low Value Volume
19.0¢ 20.5¢ 18.8¢ $272.3K 1.423M

Buyers (Bids)

No. Vol. Price($)
5 60798 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 71997 2
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