IRI has made a great start repairing its balance sheet and likely to have $23-$25m of net cash at 30 June 2024.
Continuing to grow Payments, harvest Infrastructure (HP) and fixing Communications are the key foci for IRI management.
IRI has also become very rational with allocating valuable capital. It has limited R&D expenditure to a more customer focused approach. This is already leading to an improved NPAT result.
Eventually IRI will get its re-rate if the recent improvements are added to.
Ann: FY24 Half Year Results Presentation, page-16
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
92.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $161.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 9 | 2 |
View Market Depth
| Last trade - 09.17am 23/07/2024 (20 minute delay) ? |
| IRI (ASX) Chart |
Day chart unavailable