Either way we see that masks are evidently a high margin product, when you think about it, its just a piece of cloth with nearly no cost basis.
so we can see that gross profit fell disproprtionally to MPR. This subsequently impacted on EBITDA.
But the key takeaway here is that any further additions to MPR above $500M have a direct impact on EBITDA, which means the company is on the precipice of becoming a cash printer.
Ann: Trading Update, page-27
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Last
39.0¢ |
Change
0.005(1.30%) |
Mkt cap ! $111.8M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 39.0¢ | 37.5¢ | $30.68K | 79.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20214 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 12540 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| ATG (ASX) Chart |