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?
They've got a LOT of lazy cash on their balance sheet, they've...
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Last
$1.05 |
Change
0.010(0.97%) |
Mkt cap ! $608.3M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.05 | $1.03 | $490.1K | 472.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1920 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 31541 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| PTM (ASX) Chart |