Well if no-one else wants to answer the question, don't mind me while I talk to myself.
How should an ASX listed company use available funds (Cash)?
1- Pay the bills. (Reckon GRR has the bills under control)
2a- After bills are paid, use Cash to build the business and grow the shareholders' (owners) wealth.
OR
2b- In the absence of a plan to use Cash to build business/grow SH wealth, return Cash back to shareholders' (owners)
What else is there?
Still trading at Disc to Cash. Why?, page-44
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $416.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 35.5¢ | $621.5K | 1.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46745 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 45534 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |