The fact is they’re no longer profitable. 1 Mill NPAT, back out the non-recurring gains, recovery in bad debts of 2 Mill and the reversal in 1.8Mill of contingent liability, you have a loss of -2.8Mill
Operating cashflow 12.6 Mill, sustaining capex appears to be around 10 Mill, nothing to look at there either
Basically another year of unfulfilled promises. Last year was horrible, this year not much better, watch out for us next year
Not to mention they expect gross debt to increase further to 40-45 Mill at year end. Sigh
Shame on me for still holding this
Ann: FY22 Half Year Results Presentation, page-7
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Last
43.0¢ |
Change
-0.040(8.51%) |
Mkt cap ! $91.98M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 42.0¢ | $573.4K | 1.319M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 208607 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 40267 | 3 |
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| Last trade - 13.54pm 17/07/2024 (20 minute delay) ? |
| MSV (ASX) Chart |