It's a little confusing when they are adding "cash" on their balance sheet that actually belong to the underlying entities. Seems a bit misleading. It looks like as a group, cash is definitely loaned out amongst themselves (really, LIS cash is the main piggy bank). At least they clarified this point in this report, because on the last report, everyone assumed they had this wad of cash just sitting on their balance sheet!
Interesting the LIS shares are coming out of escrow at the end of next month. That alone is ~80ml of assets that could be used eg; partially sold off should they wish to pursue other synergistic endeavours that favour the incubator companies. I wonder if they would let go of the 'controlling interest' in order to grow the hub?
Ann: Appendix 4E and Annual Report, page-4
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PPK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
55.0¢ |
Change
0.050(10.0%) |
Mkt cap ! $49.47M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 55.0¢ | 50.5¢ | $32.77K | 61.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12123 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 13802 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| PPK (ASX) Chart |