No mention of tax liability when the company announced 25c per share cash backing and $5m profitability moving forwards with the streamlined business 3 months ago. I thought it would be offset by accumulated losses but that does not appear to be the case as it stands.
Maybe Boutique Capital knew more than the average punter and were selling out on misleading numbers provided.
The price action pre release has been telling. Well called Bullrush
Ann: 5GN Half Year Results Presentation, page-15
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $58.37K | 389.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17860 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 363928 | 3 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |