Does anyone knows that the Management will come to spend the company's cash on investments?
There were more than $1 millions invested (see quarterly cashflow) on ASX listed companies eg, ASX:RDS
Not sure why they decided to use the cash on investments rather than advancing the Wiluna assets?
Given the cash position is not high, I'm concerned they will continue to use the cash on non-core activities.
Also the cash spent on exploration has not added any value to the company.
Very poor management, reflected in the SP.
-
- There are more pages in this discussion • 530 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $22.85M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $31.50K | 168.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31692 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 318614 | 3 |
View Market Depth
| Last trade - 15.29pm 12/09/2025 (20 minute delay) ? |
| TOE (ASX) Chart |