Total net assets are $10,922, take out intangibles of $2,963 & deferred tax asset of $9.981 & you have Net tangible assets of -$2,022.
BSA is a corpse walking without the NBN contract, if they hadn't already paid off the $8m of debt they'd probably still be suspended while negotiating with lenders.
It's going to a tight balancing act the manage the cashflow coming in & restructuring the business assuming what they end up having left can support a business going forward.
If it was me I'd be utilising the tax loss for this year's tax return & moving on.
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 12.5¢ | $249.2K | 1.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 230312 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 3969 | 1 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| BSA (ASX) Chart |