At first glance this is an appalling result, net loss of $25.6 m, company heading for extinction, but hold the submarine:
1. They have written off $25.9m of intangibles
2. They now have no long term debt
3. They are still cash flow positive, albeit less than last year.
4. Balance sheet is now lean and clean with working capital of around $3m.
All it needs is an uptick in business and this one flies imo.
DYOR don't take any action based on mine!
Ann: FY18 Results Announcement, page-2
Add UNT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $23.32M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $51.96K | 2.713M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2912032 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 981401 | 5 |
View Market Depth
| Last trade - 15.02pm 17/09/2024 (20 minute delay) ? |
| UNT (ASX) Chart |