Most accountants could value a business of this size and obviously, cash at bank with no debt makes a tremendous difference to an income producing business. I don’t understand how this could be more obvious in fact.
Think for a second mate, put down ya little emoji hiptop and ya boba tea, and think.
Anyone out there that wants to do a better job takes 140 million out of the buy price straight away, and that is also material as most, especially the smarter money, believe acquisition is the most likely outcome.
Now can it be executed, absolutely, but perhaps not by the current management and many of us agree they are both self serving and under qualified.
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Last
$1.32 |
Change
0.080(6.45%) |
Mkt cap ! $1.081B |
Open | High | Low | Value | Volume |
$1.32 | $1.33 | $1.31 | $1.900M | 1.442M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20638 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 38060 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 27329 | 1.500 |
4 | 9303 | 1.400 |
2 | 4185 | 1.370 |
2 | 1971 | 1.360 |
8 | 29739 | 1.350 |
Price($) | Vol. | No. |
---|---|---|
1.150 | 450 | 1 |
1.180 | 7391 | 1 |
1.220 | 2500 | 1 |
1.240 | 48605 | 7 |
1.245 | 1000 | 1 |
Last trade - 10.04am 11/09/2024 (20 minute delay) ? |
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