With good positive cashflow, accumulation of said cash will make this cheaper every day. And not forgetting, this is current cashflow, not forward cashflow, so we need to start thinking about what the company COULD be doing in cash in a year's time.
And with only 43 mill non escrowed shares on issue, the stock should tighten up nicely. I think investors will be kicking themselves shortly if they haven't got set, but hey, each to his/her own.
Ann: Swift extends reach into Pilbara with Rio Tinto-SW1.AX, page-4
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