HIT 0.50% $2.00 hitech group australia limited

the impossible stock, page-16

  1. 7,606 Posts.
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    Just took a tiny stake @ 0.054.
    Not a main stream investing or trading stock given the very poor liquidity.
    However, it seems that their revenues are growing...Cash holding is growing....Zero debt....ROE of around 30% (projected NPAT around $0.8m)
    The fact that they pay relatively large amount of tax ( around $300Ks),leads me to believe that dividends are on the cards ...I dare say around 0.005/share.
    Not a total gamble...The only niggle is the majority S/H of management of over 65%....Again, this is not a major deterrent.
 
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Last
$2.00
Change
-0.010(0.50%)
Mkt cap ! $84.6M
Open High Low Value Volume
$2.02 $2.02 $2.00 $12.06K 6K

Buyers (Bids)

No. Vol. Price($)
1 269 $1.99
 

Sellers (Offers)

Price($) Vol. No.
$2.06 5000 1
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Last trade - 15.24pm 09/08/2024 (20 minute delay) ?
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