LZ,
yep good point regarding cash in bank. In this 6 month period they do have to pay a large tax bill (1.8M), their loan repayments (0.4M), the 1.5M to Mr cannane and the divvy, but i agree it does seem to be an excessive amount to hold as cash. Could have something to do with their banking covenants perhaps.
It will be interesting to see in the feb report how their cash in the bank is going.
regards,
Cheerful.
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Last
46.0¢ |
Change
-0.025(5.15%) |
Mkt cap ! $32.89M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 46.0¢ | $34.81K | 72.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21731 | 46.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 7500 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| CHL (ASX) Chart |