To some extent management are in a catch 22. They want to keep the money in the business but don't have too many short term options for earning cost of capital from the cash in the bank. The cash holding creates a lazy balance sheet, could pay out to solve the problem, but management/BOD don't seem to want to do that with any more vigour than the present divi and no doubt hampered on a buy back by major shareholder.
To some extent management are in a catch 22. They want to keep...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.8¢ |
Change
0.003(1.02%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.5¢ | $95.38K | 383.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 98513 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 667715 | 8 |
View Market Depth
| Last trade - 12.59pm 28/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
