"Profit making" maybe, the real question now, is what will Cash Flows look like this year and next. The Working Capital impost for this business is material. On the revised guidance, I reckon FCF will be negative in FY17 and a small positive FCF in FY18F. Its a Big Mkt Cap to pay for such a weak Cash Flow profile.
Ann: Market Announcement, page-20
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$2.43 |
Change
-0.020(0.82%) |
Mkt cap ! $1.375B | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.47 | $2.41 | $1.982M | 814.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3416 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 30419 | 3 |
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| AX1 (ASX) Chart |