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
90.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $339.5M | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 90.5¢ | 88.0¢ | $756.4K | 842.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16737 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 59322 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
90.0¢ |
Change
0.000 ( 0.51 %) |
||||
| Open | High | Low | Volume | ||
| 90.0¢ | 90.0¢ | 88.0¢ | 42506 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| EML (ASX) Chart |