I suspect one of the reasons for the share price performance was the growth in the second half compared to the first, market might have doubts on continued growth?? I also note they had $22.4m in advance payments, this paints a slightly different picture on cashflow/debt. Its ok as long as they keep getting orders but any slowdown will see the advance payments unwind and debt increase. Good result in a market that is still going strong BUT we are due for a cycle slowdown at sometime.
Ann: FY24 Results Release, page-10
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $312.7M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 51.0¢ | 50.5¢ | $1.024M | 2.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 68803 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 17212 | 3 |
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| Last trade - 10.37am 04/10/2024 (20 minute delay) ? |
| ANG (ASX) Chart |