$10 margin should be conservative also, as you get the economies of scale benefits. The aim is to get towards a $15 margin.
I think we are looking at ~$7-$8 million of capex in the December quarter and then ~$3-4 million between March/June quarters. So we're looking at a 3-6 month period before we start seeing big free cash flow numbers IMO.
You can see the re-rate potential in this one. All about execution now.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $279.1M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.6¢ | $522.7K | 11.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3640922 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 2972414 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MMI (ASX) Chart |