I am sure you misunderstand the business. The debt can be offset by receivables, and their net asset should be more than 600M now. Where did you get the 600PE? FY25 cash ebtda and net profit are expected to be around 150M and 50M respectively, so its pe matches your expectation.
ZIP Price at posting:
$3.14 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)