Balance sheet very weak. They must be busy refinancing the debt now. Mortgage less of a worry, but either they shift the 4m extra inventory in a speed to the satisfaction of its lender and pay down the working capital loan, or they need to raise capital. I don't think after the investment in sales force and continued R&D there will be much free cashflow to pay down the debt...
Great prospect but it will take a lot of time and money to achieve it... watching closely...
Ann: Full Year FY17 Audited Results, page-3
Add EYE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $41.23M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.0¢ | $17.13K | 91.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 80630 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 37705 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| EYE (ASX) Chart |