I think the management disappointed a lot of investors in recent times with capital raisings. However they got greedy then when the discount narrowed to just a few percent. I think you can safely say with the discount getting closer to 15% recently, capital raisings are well and truly off the agenda, share buy backs are what they should be aggressively doing now. They have a large LIC now and 20% or so is sitting in cash. Since the capital raisings Geoff Wilson has upped his stake from around 6% to 13% I think from memory. I think this is getting close to a buy if you are comfortable with gold (St Barb & Doray) and of course Sirtex still.
I think the management disappointed a lot of investors in recent...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PIA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.12 |
Change
-0.015(1.32%) |
Mkt cap ! $288.0M | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.13 | $1.11 | $78.9K | 70.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2872 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.12 | 1363 | 1 |
View Market Depth
| Last trade - 15.52pm 27/09/2024 (20 minute delay) ? |
| PIA (ASX) Chart |