I am not understanding the sell-off here at all.
Can someone explain?
The bad debt and write off I understand but has all been accounted for. Operating cash flow is high compared to Net Debt and Gross debt as of April 2021 continues to fall.
If they get some money back it will be good but I don't see the outcome of the SMS contract issue as overly material given the outlook of the industry and where they are placed.
Obviously, people continue to sell / Happy to be corrected if I am missing something.
I am not understanding the sell-off here at all.Can someone...
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Last
44.5¢ |
Change
0.005(1.14%) |
Mkt cap ! $94.98M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 44.0¢ | $88.05K | 196.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 25000 | 1 |
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| Last trade - 14.57pm 28/06/2024 (20 minute delay) ? |
| MSV (ASX) Chart |