They will make a large profit as the book value of Aqura would have been far less than it was sold for. I cant be bothered looking it up but I reckon it would have had less than $10m of net assets and was sold for $29m before costs I think.
What will be disappointing is the profit on a like for like of the surveying business. It is a break even at best enterprise the way they run it. They cannot continue to ignor depreciation as surveying is capital intense for P&E and more so as they position themselves as a technology company managing data for clients.
I believe the long term strategy is going private.
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Last
4.6¢ |
Change
0.002(4.55%) |
Mkt cap ! $23.42M |
Open | High | Low | Value | Volume |
4.5¢ | 4.6¢ | 4.4¢ | $13.53K | 307.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 92675 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 92675 | 0.043 |
3 | 826190 | 0.042 |
1 | 72500 | 0.041 |
1 | 110024 | 0.040 |
1 | 75000 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 100000 | 1 |
0.051 | 68456 | 2 |
0.055 | 150000 | 1 |
0.062 | 100000 | 1 |
0.072 | 29627 | 1 |
Last trade - 15.56pm 16/08/2024 (20 minute delay) ? |
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