Personally am keen to see them doing something with their excess cash, S8 exercising their options increased the share base a fair bit without aiding much on the business, the money is just sitting in the bank and not adding seriously to profit, hence in my view causing a raised PE.
Some capital measures and/or buying something with the money would IMO reduce the PE and hence be a catalyst for a share price increase.
I too think this is a great share and this is one of the few things I can attribute to, though paying a small dividend also would extend it's appeal to people who want some income as well as growth prospects.
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Last
$4.35 |
Change
-0.140(3.12%) |
Mkt cap ! $1.571B | |||
| Open | High | Low | Value | Volume |
| $4.49 | $4.52 | $4.27 | $30.42M | 7.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $4.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.37 | 500 | 1 |
View Market Depth
| Last trade - 16.17pm 27/06/2025 (20 minute delay) ? |
| WEB (ASX) Chart |