What you you do if generating $1 billion a year in free cashflow?
If I couldn’t prudently grow organically (and OBM has numerous opportunities to do that) …. I would be paying out dividends and share buy backs
I certainly wouldn’t be doing stupid takeovers and buying others problems.
a $500 million dividend distribution would presumable support a $10 billion market capitalisation… leaving plenty of $$$’s to explore and build newer/bigger operations
maybe it could even be the next Northern Star !
(we don’t need to wait for a US$8,000 gold price for that type of picture to unfold … by the way).
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42.0¢ |
Change
-0.010(2.33%) |
Mkt cap ! $780.9M |
Open | High | Low | Value | Volume |
43.0¢ | 43.0¢ | 42.0¢ | $748.7K | 1.753M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 164604 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 75252 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 164604 | 0.420 |
3 | 155711 | 0.415 |
3 | 185300 | 0.410 |
4 | 129185 | 0.405 |
7 | 100536 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 75252 | 4 |
0.435 | 5500 | 1 |
0.440 | 285723 | 3 |
0.450 | 203759 | 7 |
0.460 | 106850 | 3 |
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