OK pardon my ignorance but we have $11.4 mill in the bank. The sale of PEC was meant to be for $15 mill with agreed adjustments for net debt and working capital and a provision of $500k for incentives of PEC employees. Can someone please explain the discrepancy ? I understand that having a considerable cash buffer is good but does anyone think it may act as a disincentive to get this company moving ? We need to generate revenue to grow the business rather than funding through cash reserves.
I haven't run any numbers but I'm guessing we would need about 30% growth in revenue year on year for 2 years to break even. Is this feasible ?
- Forums
- ASX - By Stock
- Ann: Appendix 4E & Annual Report to shareholders
EVS
envirosuite limited
Add to My Watchlist
0.00%
!
8.2¢

OK pardon my ignorance but we have $11.4 mill in the bank. The...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
8.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $118.8M |
Open | High | Low | Value | Volume |
8.2¢ | 8.2¢ | 8.2¢ | $4.182K | 51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1698443 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 2441352 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50999 | 0.083 |
7 | 1698444 | 0.082 |
2 | 760300 | 0.081 |
2 | 850000 | 0.080 |
2 | 706300 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 51000 | 1 |
0.083 | 2410102 | 3 |
0.084 | 2808887 | 6 |
0.085 | 1591454 | 11 |
0.086 | 2356398 | 7 |
Last trade - 10.02am 20/06/2025 (20 minute delay) ? |
Featured News
EVS (ASX) Chart |
The Watchlist
RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
SPONSORED BY The Market Online