These guys need capital to take advantage of the perceived opportunity. They can wash some capital through the business by building up and selling down inventory obviously, but if they aren't turning a consistent profit I doubt a bank will give them a loan due to serviceability. Unless they sign some serious contracts that they can take into the bank meeting that is, which could happen. I wouldn't be surprised if we hang around these levels for a while longer, good buying if you like the thesis though!
Ann: Investor Presentation - May 2019, page-7
Add SP3 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $4.547M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.7¢ | $1.589K | 93.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 419074 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1000000 | 1 |
View Market Depth
| Last trade - 11.07am 14/06/2024 (20 minute delay) ? |
| SP3 (ASX) Chart |