The Ceo bought a $20m block of land on the beach front of some beach , so it wouldnt suprise me if thats where it went.
But na seriously , I think they are going to use the capital from the sale and invest in the products and distribution systems and marketing aspects to drive up sales.
I have sold out of my stake in Globe mainly because I am a bit weary of the companies ability to perform. Although they showd strong performance in the final quaters of last financial year the company is selling off 35 % of its revenue in the divisions it sold to pacific brands.
I know in the end this was probally a good move as any efforts to consilidate will be positive in the long run. However in the short run I am a bity weary of their abilities to to grow.
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The Ceo bought a $20m block of land on the beach front of some...
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$2.90 |
Change
0.000(0.00%) |
Mkt cap ! $120.2M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2058 | $2.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.87 | 174 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2058 | 2.700 |
1 | 1000 | 2.600 |
1 | 400 | 2.500 |
1 | 490 | 2.040 |
1 | 1500 | 2.000 |
Price($) | Vol. | No. |
---|---|---|
2.870 | 174 | 1 |
2.900 | 2001 | 1 |
3.000 | 11450 | 2 |
3.050 | 3000 | 1 |
3.150 | 2000 | 1 |
Last trade - 16.12pm 27/06/2024 (20 minute delay) ? |
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