What a misleading comment.
Cash increased from US$32.1 million in December "23 to US$34.2 at 31st January 2024.(Page 18 Investor Presentation 27 Feb 2024)
So that's ~AUS$52 million cash at hand and no debt.
That's why the share price increased 14% today...
Ann: 2023 Annual Report, page-3
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$1.00 |
Change
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Mkt cap ! $223.0M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | 99.0¢ | $33.62M | 31.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 117991 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 69030 | 2 |
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