Based on current projections, it seems likely that come the next report in February, SEN may be sitting on close to 30 million. I think there comes a point where they have to think about a small dividend (1c would amount to 10 million - leaving plenty in reserve). Sitting on big wads of cash is not ideal, esp if you can reward shareholders and still keep a healthy buffer. Acquisitions are fine as long as they're strategic and not just buying something for the sake of buying something.
scrooge CEO and board, page-21
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $32.99M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $21.62K | 1.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 560184 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 354428 | 3 |
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| Last trade - 15.34pm 13/09/2024 (20 minute delay) ? |
| SEN (ASX) Chart |