That is not true the business itself is Cash Flow positive - Ring Amanda on Monday and ask her yourself !
The Bank debt is actually also falling given the business now runs a tighter ship (ie debtors terms), they are buying less hardware and also asset sales are bringing in some cash. Plus the 600 jobs that were cut saves a packet each month !
Do the homework and you will agree a market cap of 35mil is not justified given the brand and the ability of the core business to generate decent amounts of cash.
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.202M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 199999 | 1 |
View Market Depth
| Last trade - 16.30pm 25/07/2025 (20 minute delay) ? |
| CDR (ASX) Chart |
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