So just to be clear, you have a problem with a company spending around $16,000,000 of $58,000,000 it holds in cash to buy back the 200,000,000 shares it issued last year and be left still with $42,000,000 in cash and be $34,000,000 better off than it was pre-raise, as well as now pretty much profitable with the same shares on issue in May 2021?
You don't think this would restore a bit of credibility to the story? Help repair the damage done to shareholders opinions of management? Or get this stock back to fair value maybe?
So just to be clear, you have a problem with a company spending...
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.00M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.5¢ | $15.74K | 444.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 129263 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 144087 | 2 |
View Market Depth
| Last trade - 15.45pm 04/06/2024 (20 minute delay) ? |
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Last
3.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 3.5¢ | 3.6¢ | 3.5¢ | 303252 | ||
| Last updated 13.12pm 04/06/2024 ? | |||||
| WZR (ASX) Chart |