Debt is $564m
Cash at bank after Bauer deal should be $150m plus I believe.
The interest on the debt would be minimal in the current market and the money would be better utilized IMO on a buy back.
Profit was $120m before significant write downs so last FY company was doing ok. Obviously this will be impacted by covid-19 but as everyone is in isolation watching TV I am sure there will be some upside in advertising.
Anyway IMO capital management is important and buying back shares at these levels is good capital management.
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $261.6M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 17.0¢ | $80.74K | 474.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1234571 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 52887 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 1243661 | 0.165 |
15 | 584549 | 0.160 |
8 | 502893 | 0.155 |
22 | 667224 | 0.150 |
4 | 185734 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 52887 | 5 |
0.175 | 710539 | 7 |
0.180 | 743814 | 9 |
0.185 | 484815 | 7 |
0.190 | 585059 | 8 |
Last trade - 12.07pm 10/09/2024 (20 minute delay) ? |
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