The remuneration hurdle is an interesting one
"Hurdle is an Audited Statutory Net Profit after Taxation of at least $18m for the financial year ended 30 Jun-26".
Not sure if this is mainly optics or a realistic and achievable target if all is managed well. I note that it is net profit after tax but probably no tax in FY26 anyway given the losses to date.
The current MC is $42m. For FY26, a 3 year wait for $18m profit and a 2.5 X PE.
At least the board is making the right noises.
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Last
49.0¢ |
Change
-0.005(1.01%) |
Mkt cap ! $78.75M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 51.5¢ | 48.5¢ | $33.01K | 66.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7083 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 19937 | 1 |
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| Last trade - 15.57pm 31/07/2025 (20 minute delay) ? |
| PNC (ASX) Chart |