If they manage to stabilise the Hampers business and maintain postive EBIT this half, there is a chance they could salvage value from selling off the business.
My reading of "strategic review" is that they are looking to offload the business and the main shareholders/directors are probably looking at retirement following the sale of the main business.Based on a share price of 33, post dist (18c cap +7 c div), they are looking at a share price of 8c, translating to a market value of ~14m. Cash ~10m leaves the hampers business at ~5m. If they stick to their plan of 7c div, i do see value.
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $33.24M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 19.5¢ | $1.501K | 7.67K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 90326 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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20.0¢ | 81986 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 90326 | 0.195 |
3 | 1276837 | 0.190 |
3 | 159354 | 0.185 |
5 | 61396 | 0.180 |
2 | 114290 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 81986 | 2 |
0.205 | 189090 | 2 |
0.210 | 39000 | 2 |
0.215 | 89000 | 3 |
0.220 | 340600 | 4 |
Last trade - 15.32pm 30/05/2024 (20 minute delay) ? |
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Last
19.5¢ |
  |
Change
-0.005 ( 2.50 %) |
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Open | High | Low | Volume | ||
19.5¢ | 19.5¢ | 19.5¢ | 51200 | ||
Last updated 11.23am 30/05/2024 ? |
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