For sure Sushi, a bid of $1.60 per share would cost around $362 million, fully debt financed at 8%, interest only would cost $29 mil. PA. You could easily finance that out of current cash flow and pay a $10 mil franked dividend to yourself and still finance the huge exploration program. Then sit back for a year for exploration results before carving it up or refloating. Lets do it!
the dumpers are still at it, page-4
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.3¢ | 14.5¢ | $8.489K | 56.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 795255 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 112274 | 3 |
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| 5GN (ASX) Chart |