Absolutely agree. It is not a good time for the company to return the capital to shareholders, the company should use it to make sure it's operations are sustainable during the commodity low cycle. For example, pay off part of its debt instead. Or save the money to protect against further commodity prices drops.
NIC - General discussion, page-581
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Last
92.0¢ |
Change
0.005(0.55%) |
Mkt cap ! $3.946B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.5¢ | 90.0¢ | $3.229M | 3.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67909 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 44000 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| NIC (ASX) Chart |