The remuneration hurdle is an interesting one
"Hurdle is an Audited Statutory Net Profit after Taxation of at least $18m for the financial year ended 30 Jun-26".
Not sure if this is mainly optics or a realistic and achievable target if all is managed well. I note that it is net profit after tax but probably no tax in FY26 anyway given the losses to date.
The current MC is $42m. For FY26, a 3 year wait for $18m profit and a 2.5 X PE.
At least the board is making the right noises.
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.36M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10500 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 20000 | 1 |
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| Last trade - 16.21pm 29/07/2025 (20 minute delay) ? |
| PNC (ASX) Chart |
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