No getting away from the fact this stock is a minnow. But, despite recent share price rise, the $2.2m market cap is still a joke c.f. the NPAT forecast of $0.7m-$1.0m, plus $686k in cash and $369k in listed investments.
Produced HY NPAT of $379k - of which about $197k came from gains on investments. Actually thought they might have beaten that based on the AusTender contract data, but perhaps a timing issue, so could explain the confidence around second half.
As per usual, they mention the possibility of acquisitions, but I would think they really need to see the share price above 20cps for them to be able to effectively use equity for a purchase. Question is, whether they will try to stash cash for an acquisition or use it to underpin the sp with a div.
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- $2.2m market cap, for $0.7m-$1m npat + cash
HIT
hitech group australia limited
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$1.82

$2.2m market cap, for $0.7m-$1m npat + cash
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Last
$1.82 |
Change
0.000(0.00%) |
Mkt cap ! $76.77M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11048 | $1.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.86 | 1795 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 242 | 1.830 |
1 | 2 | 1.820 |
1 | 550 | 1.815 |
2 | 11048 | 1.810 |
1 | 4530 | 1.805 |
Price($) | Vol. | No. |
---|---|---|
1.850 | 21625 | 1 |
1.860 | 1795 | 1 |
1.900 | 21000 | 1 |
1.930 | 3618 | 1 |
1.940 | 20000 | 1 |
Last trade - 16.21pm 16/09/2025 (20 minute delay) ? |
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HIT (ASX) Chart |
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