Positive article Danny.
Another interesting exercise is comparing MSV with DDH.
1st half operating rigs- MSV 75 DDHHave 96 rigs
1st 1/2 rev- MSV$100M DDH $141M
Cash gen from operating activities- MSV $15.7M DDH$25.8M
*MSV has less cash due to bad debt. DDH paid more tax
Financial liabilities/debt MSV $42.4M DDH $59M
Market cap MSV $88.6M DDH $320M
Sure- this is a very quick shallow comparison, and a lot of other figures should be looked at to give a true comparison, but the market cap comparison is the first that should be looked at and the difference can not be ignored.
There is an opportunity here.
Positive article Danny. Another interesting exercise is...
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $87.70M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 40.5¢ | $155.8K | 379.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39630 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 40370 | 2 |
View Market Depth
| Last trade - 15.54pm 02/08/2024 (20 minute delay) ? |
| MSV (ASX) Chart |