What a misleading comment.
Cash increased from US$32.1 million in December "23 to US$34.2 at 31st January 2024.(Page 18 Investor Presentation 27 Feb 2024)
So that's ~AUS$52 million cash at hand and no debt.
That's why the share price increased 14% today...
Ann: 2023 Annual Report, page-3
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Last
$1.11 |
Change
-0.035(3.06%) |
Mkt cap ! $249.7M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.20 | $1.11 | $5.977M | 5.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23541 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.12 | 2635 | 3 |
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