Thanks Septic1.
In regards to the cash level - as per the buyback material, OCL disclosed they have existing cash reserves as at 30 Sept 2011 of $17.1m. This may have been inflated by timing of receipts (most of their annual maintenance / licence fees are received in the Sep quarter). But that’s essentially how I got the $12m of net cash. $17m less $4.2m buyback proceeds.
am i missing something, page-3
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Last
$17.57 |
Change
0.050(0.29%) |
Mkt cap ! $1.408B | |||
| Open | High | Low | Value | Volume |
| $17.52 | $17.89 | $17.37 | $356.7K | 20.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25 | $17.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.58 | 73 | 2 |
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| Last trade - 12.16pm 26/11/2024 (20 minute delay) ? |
| OCL (ASX) Chart |
