ABV advanced braking technology ltd

Ann: FY24 Results Announcement, page-2

  1. 79 Posts.
    Obviously I am waiting for madamswer to comment, but amongst all the obvious positives in this report, there are two things that stood out to me
    1. A $600K drop in operating cashflow from FY 23 despite revenue rising.
    2. In those circumstances the board are considering a dividend in 25.

    Can the company afford a dividend? Wouldn't the money best be reinvested internally at the current stage this company is at, considering the lofty horizons the company envisages on page 4 of the report?

    I'm new to ABV, so perhaps my comments have been dealt with previously. Apologies if so.
 
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Last
8.6¢
Change
0.001(1.18%)
Mkt cap ! $34.21M
Open High Low Value Volume
8.6¢ 8.6¢ 8.6¢ $559 6.504K

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No. Vol. Price($)
1 100000 8.2¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 300000 1
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