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.
Shorts you have been served and are on notice, page-113
Add EML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
97.5¢ |
Change
-0.020(2.01%) |
Mkt cap ! $365.6M | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | 99.5¢ | 96.0¢ | $2.611M | 2.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27866 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 18290 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
97.5¢ |
Change
-0.020 ( 1.54 %) |
||||
| Open | High | Low | Volume | ||
| 99.5¢ | 99.5¢ | 96.0¢ | 235333 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| EML (ASX) Chart |