No new information in here and we already know the Balance Sheet is out of date due to the Cap Raise.
I am a fan of AGH & think the stock is under-rated but having a cash burn this high and CR for $10 million twice in 12 months is a little questionable imo.
At current prices I am inclined to buy more as I think Peak is a winner but why didn't they CR $20 mill last year when the share price was $0.45?
My bet is that Peak can start paying for the expensive Doctor Recruitment strategy next year. I like the education story but it is clearly quite capital intensive so without bumper Peak profits we'll need another CR about this time next year.
Ann: Annual Report to Shareholders, page-3
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $7.295M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.7¢ | $3.141K | 169.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 499824 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1229623 | 7 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AGH (ASX) Chart |