Their profit this half was the result of writing back a lease impairment. Do the terms of that non-amortising loan they got last year even allow them to pay dividends or conduct buy-backs? Even if it did, you'd have to seriously question the competence of management if after everything they've been through they decide to spend money on dividends and buybacks rather retire debt that is currently on an interest rate of ~12%.
Questions For CFO/CEO?, page-8
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7.2¢ |
Change
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Mkt cap ! $179.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 2 | 160987 | 7.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 213335 | 2 |
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