Management / Board have been sitting on a cash pile because they reckon they can spend the money better than we can as investors.
To date they have put some of that money into Synlait - that is now slopping around 3 year lows.
And have confirmed putting some money into loss making (but bound to break even ) Mataura.
I could do better by throwing my own money at a share dartboard.
Sharebuy back 2020?, page-7
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Last
$5.90 |
Change
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Mkt cap ! $4.271B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $5.97 | $5.86 | $19.03M | 3.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4800 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 29913 | 3 |
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| A2M (ASX) Chart |