tne's announcement yesterday indicated very good going for a tech company. the announcement indicated a before tax profit of $10 million and 46 medium to large new customers acquired within the financial year.
on top of this:
dept to equity of only 5%
cash in bank - approximately $25 million
have always expensed research and development
have done well in very tricky environment.
If you've followed similar companys recently you'll know the sector is definitely picking up. have a look at myob and reckon for similar companies.
outlook not so bad, page-5
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Last
$18.72 |
Change
0.210(1.13%) |
Mkt cap ! $6.104B | |||
| Open | High | Low | Value | Volume |
| $18.96 | $19.08 | $18.64 | $10.19M | 543.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1696 | $18.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.73 | 9409 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| TNE (ASX) Chart |