whatever the share price is when we sell the company has to be worth $2b. There is a lot of value in the new leases we have been granted that have not and may never be realised by the stock market for a variety of reasons including country risk.
Driving the s/p up by using buybacks doesn’t actually change the intrinsic value (future cash flows) of the company. In fact it doesn’t increase the market cap either in a fairly traded stock because you need cash to do it. The only reason a buy back will increase our market cap at the moment is because it’s being manipulated and will therefore take these manipulators out.
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whatever the share price is when we sell the company has to be...
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Last
$1.33 |
Change
-0.020(1.48%) |
Mkt cap ! $342.8M |
Open | High | Low | Value | Volume |
$1.34 | $1.35 | $1.32 | $443.8K | 333.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 28792 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.34 | 1914 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 28792 | 1.320 |
4 | 32705 | 1.315 |
3 | 28346 | 1.310 |
1 | 10000 | 1.305 |
6 | 74066 | 1.300 |
Price($) | Vol. | No. |
---|---|---|
1.335 | 1914 | 1 |
1.340 | 2555 | 2 |
1.345 | 2205 | 1 |
1.350 | 29997 | 2 |
1.355 | 410 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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