$340k Net profit after tax is a good start. Moving forward the business will be profitable and with the repayment of the Biohub funds, The net Assets should be north of a 12c valuation.
Lets cut Damien's $500k salary now ( or sack him ) that Justin's $200k is gone and the profits will soar. This business should be a no brainer to sell at a much higher valuation. The lifestyle company that these two clown enjoyed for a decade is over.
Ann: Appendix 4D and Half Year Report, page-4
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Last
11.0¢ |
Change
0.012(12.2%) |
Mkt cap ! $19.82M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 11.0¢ | 9.8¢ | $37.04K | 337.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57691 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 12168 | 1 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
| LPE (ASX) Chart |