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?
Massive opportunity cost, page-212
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Last
3.9¢ |
Change
-0.001(1.28%) |
Mkt cap ! $53.49M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.9¢ | 3.7¢ | $8.464K | 226.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12745 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 181336 | 3 |
View Market Depth
| Last trade - 13.12pm 24/05/2024 (20 minute delay) ? |
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Last
3.9¢ |
Change
-0.001 ( 0.52 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.9¢ | 3.7¢ | 261332 | ||
| Last updated 13.12pm 24/05/2024 ? | |||||
| WZR (ASX) Chart |