There is no debt. They actually have a pile of cash that will continue to grow.
At the half they had $34.9 mil in cash. Considering they are expecting another huge half the cash will be high.
Part of the investment case for this business is its a capital light cash machine currently. The hope would be the cash will be used to further expand into NZ and the UK very soon.
Debt, page-4
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Last
$1.10 |
Change
0.000(0.00%) |
Mkt cap ! $68.18M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.08 | $186.9K | 172.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3127 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 760 | 1 |
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| Last trade - 13.19pm 18/09/2024 (20 minute delay) ? |
| DSK (ASX) Chart |