Hi Oracle,
What were your thoughts on the FY09 result?
Pretty underwhelming IMO. They have been "poised for growth" for so long I am thinking that the only thing growing are the cobwebs as they sit there on the start line.
If they have so much cash why are they not paying a divi in favour of a share-buy-back?
The cynic in me says that with Directors holding so much of the company they are using buy-back as first cheap step to taking MVP private.
Cheers
John
price being held down?, page-4
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Last
39.5¢ |
Change
-0.077(16.3%) |
Mkt cap ! $41.85M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 39.0¢ | $7.792K | 19.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3134 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 3620 | 3 |
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| MVP (ASX) Chart |