PPP 0.00% 3.7¢ pan pacific petroleum nl

question for gurus about cash pile .....

  1. 5,510 Posts.
    lightbulb Created with Sketch. 2
    all that cash sitting around is a worry . hope PPP have a lock on their money box , but seriously ,

    ...to what extent is the cash holding factored into the share price ?

    ...suppose only part of it is , then the status of the rest , which after all belongs to shareholders , comes into question , dividend ? , buy back at premium ?

    ...is there any regulatory requirement for management to do something with it ? there must be a limit to how long they can just hold on to it without action !

    ...who is making sure it is safe from malfeasance ( it wouldn't be the first time that a company official 'borrowed' funds and 'lost' these .. viz mercorello , lion energy was it ? lach drummond res was another example ! )

    comments welcome




 
watchlist Created with Sketch. Add PPP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.