Agreed. We are so cashed up we can weather the deepest of storms which will allow us to pick up distressed assets if the market gets very ugly much like we did with AJM in the last downturn. I would much prefer we acquire productive assets/expand production with cash, provided the opportunity presents itself, than initiate buybacks or dividend payments at this juncture. We'll be delaying gratification and we may see our value slip while we wait but it will be so worth it down the line.
Agreed. We are so cashed up we can weather the deepest of storms...
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Last
$3.27 |
Change
0.110(3.48%) |
Mkt cap ! $9.846B | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.30 | $3.21 | $93.46M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29000 | $3.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.27 | 20000 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |