They do have 247M in cash and equivalents but it shows they also have 379M in current liabilities. The liabilities jumped from near zero to the current level in a year. It seems like they actually don't have 2 times their market cap in cash?
Ann: FY23 Financial Report and Appendix 4E, page-71
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Mkt cap ! $163.5M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.3¢ | $1.013M | 5.117M |
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| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1149933 | 19.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 336279 | 10 |
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