My reading of the accounts (as at June 2020) is that they have $47.7m in contract liabilities (customer advances for work not yet performed). My best guess is that their surplus cash is closer $50m. And if we adjust for 'more normal' levels of working capital, it may be even lower.
Ann: Preliminary Final Report, page-12
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Last
$13.72 |
Change
0.020(0.15%) |
Mkt cap ! $546.4M | |||
| Open | High | Low | Value | Volume |
| $13.67 | $13.82 | $13.63 | $255.4K | 18.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 145 | $13.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.74 | 1247 | 3 |
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| Last trade - 12.04pm 23/07/2024 (20 minute delay) ? |
| LYL (ASX) Chart |