d-ricardo. i agree with your comments about asset sales most of the time, but in this downturn i beleive cash is king at the moment and a sale to reduce debt will be treated well.
the most recent sale of fintronics bringing in $14.7 odd million caused cus share price to jump from about 8.8c to 14.5c., in a better financial world then.
so while it may be priced in, when it happens, when the company gets stronger financially and safer i beleive it will help the s/p. [announcements mostly seem to alter share prices],
i am hoping anyway.
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d-ricardo. i agree with your comments about asset sales most of...
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8.7¢ |
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Mkt cap ! $9.769M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 40000 | 0.088 |
4 | 330828 | 0.087 |
2 | 130952 | 0.086 |
2 | 60390 | 0.085 |
1 | 125000 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 4127 | 1 |
0.090 | 93104 | 2 |
0.093 | 35000 | 1 |
0.098 | 77089 | 1 |
0.105 | 76999 | 1 |
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