Well I think the $2.5 million remediation cost would have put a huge dent in cash flow. Then they are investing in making those acquisition companies provide a better offer, that cost money. Then the EBITDA is pretty small so $3.2 million wont cover all of that news, so yes I think they may be cash flow negative for the half year.
Upon reflection I want some answers - I want to understand how all of this wasnt known on 23 November- nothing much happens in December. I think its time to change financial controllers. This is just not good enough in my opinion.
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Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $45.11M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 36.0¢ | $36.98K | 102.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24929 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 17604 | 2 |
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| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| SEQ (ASX) Chart |