The investment of the last few years looks to be paying off. They had a decent amount of cash as the cycle turned a few years ago ($6mil from memory), seemed to have invested it prudently and luckily also re-freshed their machines before the downturn.
Not sure of the scale of the markets they sell into, so no idea on growth posssiblities. I think they are a good example of a well managed company (directors reinvesting their own money, no extravagant salaries, investments that seem to be following a plan) now to see how it pays off especially the expansion in the precious metals department.
The investment of the last few years looks to be paying off....
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Last
$1.98 |
Change
-0.030(1.49%) |
Mkt cap ! $280.3M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.03 | $1.98 | $117.6K | 59.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2681 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 3502 | 4 |
View Market Depth
| Last trade - 11.35am 29/07/2025 (20 minute delay) ? |
| XRF (ASX) Chart |