They've got a LOT of lazy cash on their balance sheet, they've announced they can buy back equity.
Judith Neilson has sold a fair chunk of PTM via Jarden at all-time PTM lows of $3.
When will the Board actually wade into the market and show some confidence in their business by buying back their own stock?
Appearing to sit on their hands isn't a good look when they have a strong balance sheet and strong free cash flow generation.
What are people's thoughts?
When will PTM use its significant cash holdings to buy back shares?
-
- There are more pages in this discussion • 2 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 PTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.04 |
Change
-0.035(3.26%) |
Mkt cap ! $605.4M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.08 | $1.04 | $1.985M | 1.892M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 75931 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 6298 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PTM (ASX) Chart |