Surprise surprise...no buyback, no dividend, no clarity...
"The $7.3m impairment of trade receivables has created uncertainty in regard to the capital management strategy."
We did get this little gem "it is the intention of members of the board and management to purchase shares in MSV in the short term". Don't think I've seen this before in my 15 or so years following ASX companies.
And note Tier 1 clients went down in the half to 80%.
Also worth noting that all of the growth this half has basically come from gold.
And SMS is counterclaiming...
An Investment cas, page-9
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Last
34.5¢ |
Change
0.005(1.47%) |
Mkt cap ! $73.63M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 34.5¢ | 34.0¢ | $16.01K | 46.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 210735 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.45pm 15/11/2024 (20 minute delay) ? |
| MSV (ASX) Chart |