I know they are sitting on a mountain of franking credits, but I think the best way management could add value right now is a buyback. For $10M they could buy back 20% of outstanding shares at current levels. Take Mr Market by surprise.
Ann: Activity Report Quarter Ended 30 Jun 2018 & Guidance Update, page-6
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.5¢ | $58.83K | 1.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 260464 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 1299265 | 2 |
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| Last trade - 15.57pm 26/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
