g’day Zing.
disagree. You only buyback shares when you don’t have anything better to do with the cash. If the board can use that cash to create even more value, then that’s far better than the value of the cash. We know our board are working hard on several plans. I’ll back them to use the cash wisely and find good homes for the cash.
investing in emerging resources is a game for the patient. Back in the day, our group made a fortune investing in undervalued companies and holding them until they matured to full value. Generally took 1-3+ years.
cheers,
ned.
Share Buyback, page-5
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Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $211.8M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 31.3¢ | 29.0¢ | $1.193M | 3.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 80130 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FEX (ASX) Chart |