I tend to believe that a share capital payback will increase the chances of a takeover and that's the main reason why management is not interested.
How much will SNX trade for if a return does get passed? 5, 10, 20, 25 cents? more? A takeover is a lot easier and with a blue chip client list SNX is not all blue sky. It has assets that someone will bid for.
Having bought a truckload in the last year I am close to being in the top 20.
I will be voting for RR
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Last
5.3¢ |
Change
0.012(29.3%) |
Mkt cap ! $5.656M |
Open | High | Low | Value | Volume |
4.7¢ | 5.4¢ | 4.7¢ | $69.09K | 1.374M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 38461 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 60430 | 2 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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