Not like I should be surprised at the performance of any stock in the current climate, but 1.1c seems extreme. Market cap of $3m, this puts it into the ranks of companies on death row. HSBC just lent the company $2m, unlikely the bank would have been taking a punt. I believe the company has over $3m in property assets alone, though it's common for companies to trade below NTA in current market.
Does anyone have precise figures on the FMG contract? From what I understand the net margin is to be in the range 20c, so at 7.5m liters p/a, gives us $1.5m.
Tallow price spiked up pretty much the same as commodities (and over same time frame), no reason to expect it won't come down significantly - I assume this will be of benefit to ARW.
I wish the company would produce a revised profit guidance or something, rather than surprise the market (preferably of the good variety :) ) later down the track.
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.23M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.5¢ | $88.13K | 688.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 677366 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 411411 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 677366 | 0.125 |
5 | 358333 | 0.120 |
1 | 30000 | 0.115 |
3 | 240009 | 0.100 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 411411 | 4 |
0.140 | 93460 | 3 |
0.145 | 305972 | 5 |
0.155 | 474156 | 3 |
0.160 | 138830 | 2 |
Last trade - 14.58pm 26/06/2024 (20 minute delay) ? |
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