NTC netcomm wireless limited
Add to My Watchlist 0.00% ! $1.10

Cash Balance

  1. RP84
    233 Posts.
    lightbulb Created with Sketch. 43
    clock Created with Sketch.
    21/06/18
    19:01
    Post #: 33866898
    I've just noticed that while the half yearly report showed NPAT of $3.675M for the first half of the year, the cash on the balance sheet as dropped from $22.125M down to $13.1M.

    If it keeps up like that then the company would almost be out of cash by now.

    Were these one off capex expenses? Is the cash balance expected to turn around in the end of the financial year report?
    Last edited by RP84: 21/06/18
    NTC Price at posting: $1.17 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS HotCopper Wire Podcast 019 – Dreaming of the 9,000s
right-arrow Created with Sketch.
NEWS Capricorn Metals, capped at $4B, picking up Warriedar – but holders unhappy
right-arrow Created with Sketch.
NEWS As Albo spruiks hydrogen in China, FMG is exiting the game
right-arrow Created with Sketch.
NEWS Boss Energy slumps as top dog Duncan Craib makes surprise exit
right-arrow Created with Sketch.
NEWS What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA
right-arrow Created with Sketch.
NEWS Access the Latest ASX News here
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.