Hey Guys,
I think it was a good result.
Considering a market cap of ~$33million, less the $24million in cash, the actual businesses are being valued at $9million.
On the latest earnings ($3.5million for the full year), thats only 2.5 times!
I'm not wrapped with how much management are getting paid (over $1.5million p.a. vs. $3.5million NPAT), but I guess you have to pay for quality.
Lets hope we can get a resolution on the national license, and managements good work can pay off in spades!
Hey Guys,I think it was a good result.Considering a market cap...
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.556M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 562750 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 299001 | 2 |
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| Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
| TFL (ASX) Chart |
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