My reading of the accounts (as at June 2020) is that they have $47.7m in contract liabilities (customer advances for work not yet performed). My best guess is that their surplus cash is closer $50m. And if we adjust for 'more normal' levels of working capital, it may be even lower.
LYL Price at posting:
$4.00 Sentiment: Buy Disclosure: Held
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.
(20min delay)