SNX 2.33% 4.2¢ sierra nevada gold inc.

re: 90c capital return I think a capital return of about 90c a...

  1. 400 Posts.
    re: 90c capital return I think a capital return of about 90c a share should be proposed to use some of SNX's excess cash. I believe a lot of shareholders would vote for it especially as the company is supposed to be close to being ebitda positive.

    If 90c was returned it would mean buying SNX at current levels would equate to buying their underlying business for nothing, which is the sort of investment we would all like to make.

    Old man river, out of interest what is your experience in the financial markets?
 
watchlist Created with Sketch. Add SNX (ASX) to my watchlist
(20min delay)
Last
4.2¢
Change
-0.001(2.33%)
Mkt cap ! $4.009M
Open High Low Value Volume
4.2¢ 4.2¢ 4.2¢ $2.1K 50K

Buyers (Bids)

No. Vol. Price($)
2 70913 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 41917 1
View Market Depth
Last trade - 13.28pm 21/06/2024 (20 minute delay) ?
SNX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.