To be honest, I think a share buyback right now is the best way to cap any free fall. Look at the competitive climate. It is a matter of time we need more cash in our war chest to expand aggressively. Buyback now with the cash in bank (they dont pay dividends anyway). Issue shares at a later date to raise cash at a higher valuation. I would do that, but not sure how much hurdle the company needs to go through to get Board approval.
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Last
90.0¢ |
Change
-0.005(0.55%) |
Mkt cap ! $332.0M | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 90.5¢ | 88.0¢ | $329.3K | 369.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 16075 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 25618 | 8 |
View Market Depth
| Last trade - 13.07pm 14/06/2024 (20 minute delay) ? |
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Last
90.0¢ |
Change
-0.005 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| 90.0¢ | 90.0¢ | 88.0¢ | 32250 | ||
| Last updated 13.25pm 14/06/2024 ? | |||||
| EML (ASX) Chart |