With the way they burn cash on overheads and what they have left in their share of the funds they manage I am not sure the negative enterprise value is not close to offset by its case investments. It’s a 40c stick at best in my opinion .
They are lucky there are some big institutions that probably can’t sell as there is simply no buyers .
If one them goes hard then it will be a 40c share.
Convince me there is upside in a company that is addicted to spending on its overheads .
With the way they burn cash on overheads and what they have left...
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Last
94.0¢ |
Change
0.025(2.73%) |
Mkt cap ! $265.5M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 95.0¢ | 90.0¢ | $691.3K | 739.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 7339 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 6364 | 23 |
View Market Depth
| Last trade - 15.58pm 05/06/2024 (20 minute delay) ? |
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Last
94.0¢ |
Change
0.025 ( 2.99 %) |
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| Open | High | Low | Volume | ||
| 91.3¢ | 94.8¢ | 90.8¢ | 103358 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| OBL (ASX) Chart |