SXE 3.79% $1.51 southern cross electrical engineering ltd

Ann: Contract Awards, page-3

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  1. 441 Posts.
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    - A pile of cash earning near zero returns.
    - Not buying back shares at current market prices.
    - Not returning excess cash to shareholders with a special dividend. Plenty of franking credits available.
    - The prospect of potentially value destructive acquisitions.
    - The prospect of bad deals when the bid process was highly competitive.
    - The prospect of customers going under in the near future.

    Granted I'll rather face these 'problems' than a mountain of debt and being diluted with desperate share issues or bankruptcy.
 
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Last
$1.51
Change
0.055(3.79%)
Mkt cap ! $506.8M
Open High Low Value Volume
$1.44 $1.52 $1.44 $1.522M 1.021M

Buyers (Bids)

No. Vol. Price($)
1 600 $1.50
 

Sellers (Offers)

Price($) Vol. No.
$1.51 1000 1
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