Net Assets minus Intangibles aka Net Tangible Assets:
1H23: $24m (vs $1235m borrowings - bad ratio for loan covenants)
(I think a $41m SPP was completed here.)
(Maybe +$5m from operations too)
2H23: $70m
(+$9m from operations)
1H24: $79m
(+$17m from operations)
2H24: $96m by my estimate
This last half seems to be the biggest jump in tangible assets lately. Good for covenant safety. $96m seems to be quite significant relative to $67m market cap, and +$17m is relatively very significant (worthy of a 25% SP spike). If they can keep up this trend, it'll have to move the SP upwards. As long as there's no bad surprises (underestimating provisions, or spike in unemployment).
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $96.00M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.8¢ | $985 | 8.384K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 71916 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 142918 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 71916 | 0.115 |
15 | 794750 | 0.110 |
9 | 333402 | 0.105 |
17 | 996380 | 0.100 |
2 | 35500 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 142918 | 2 |
0.125 | 155670 | 7 |
0.130 | 395968 | 9 |
0.135 | 20000 | 2 |
0.140 | 224525 | 5 |
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