19.9m capital raising for working capital
Sales in line with prior year but below forecasts. EBITDA slightly lower than forecast due to weaker sales but slightly ahead of last year.
Appears they’re still hanging in there.
Main problem is the excess stock they’re carrying which is affecting cashflow. Sounds like they’re not keen selling at a heavily discounted price.
Door is still open for M&A opportunities
Ann: Investor Presentation, page-2
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Last
15.5¢ |
Change
-0.010(6.06%) |
Mkt cap ! $51.06M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 15.5¢ | $150.0K | 927.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 122225 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 70770 | 3 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| AVG (ASX) Chart |