tne's announcement yesterday indicated very good going for a tech company. the announcement indicated a before tax profit of $10 million and 46 medium to large new customers acquired within the financial year.
on top of this:
dept to equity of only 5%
cash in bank - approximately $25 million
have always expensed research and development
have done well in very tricky environment.
If you've followed similar companys recently you'll know the sector is definitely picking up. have a look at myob and reckon for similar companies.
outlook not so bad, page-5
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Last
$18.17 |
Change
-0.100(0.55%) |
Mkt cap ! $5.921B | |||
| Open | High | Low | Value | Volume |
| $18.18 | $18.30 | $18.13 | $14.20M | 780.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 631 | $18.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.18 | 2484 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$18.21 |
Change
-0.100 ( 0.40 %) |
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| Open | High | Low | Volume | ||
| $18.16 | $18.29 | $18.13 | 77070 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| TNE (ASX) Chart |