At the end of February 2020:
Cash on hand was $29m
Undrawn committed credit lines were $18m
Net debt was $174.0m (includes Salmat/Reach Media acquisition(s) on January 1, 2020)
IVE’s net trade debtors exceed trade creditors & accruals by circa $30m
Positives: Huge $$$ director buying and minimal short term debt on the balance sheet.
Negatives: Balance sheet exceptionally weak and market condition soft. Might still need a capital raising to strengthen balance sheet.
Chart hasn't broken out yet and could easily break down with end of year financial selling still to come into 30 June.
The jury is still out, but watching this one closely.
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Last
$2.06 |
Change
0.020(0.98%) |
Mkt cap ! $317.2M |
Open | High | Low | Value | Volume |
$2.03 | $2.08 | $2.03 | $339.5K | 165.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5281 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.06 | 662 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5281 | 2.050 |
2 | 11789 | 2.040 |
2 | 20970 | 2.030 |
3 | 50569 | 2.020 |
2 | 12481 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.060 | 662 | 1 |
2.070 | 970 | 1 |
2.080 | 2038 | 2 |
2.090 | 10877 | 1 |
2.100 | 6007 | 3 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
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