YOW 0.00% 2.5¢ yowie group ltd

ASX YOW - Buying Cash?

  1. 106 Posts.
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    Hi All,

    New to this thread and a recent investor in a small parcel of YOW shares.

    I'm confused by the market cap vs financials:
    - $8.3m AUD Market Cap;
    - $7m Cash on hand Sep-20 Qtr;
    - $1.15 Quarterly Op FCF - (1.9 4C)
    - No debt that I can see.

    Noting this company is absurdly illiquid, apart from a prior history of falling sales which seems to be have flattened since Mar-20 (even during Covid periods) and their chocolates tasting sub-par I don't understand how this company has such a low Market Cap with the cash on hand and quarterly FCF.

    What am I missing?
    Two quarters inline with Sep-20 quarter and this company will have a higher cash position than its current market cap.

    Cheers
 
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