Purchased my first parcel today. I like the growth story here, and now being debt free has lowered risk with more potential to reward shareholders.
I especially like the order book +30% from a year ago which should translate to similar gains in profits.
A company that is debt free, positive cash balance, has made ~$32M profit after tax, P/E ~10.5, and may make additional 30% next year? Show me the dividends!
The last line in the announcement has me excited:
“We have ended the year in a strong position, and we are intending to provide guidance for FY25 in our August results.”
Ann: FY24 update - Strong cash conversion and order book, page-9
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50.5¢ |
Change
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Mkt cap ! $312.7M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 50.0¢ | $691.3K | 1.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6509 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 28249 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ANG (ASX) Chart |