Yes their balance sheet has ballooned which is a function of the large backlog of orders.......But I was talking about cash flow.
There is large amount of cash tied up in the balance sheet that will be freed.
Net working capital stands at $23m which is stronger than last year & is nearly double its market cap.
Plenty of liquidity.
We don't often see an outfit trading at 50% of its working capital & 25% of its tangible assets.
I am comfortable holding this dog.
Ann: Appendix 4E Preliminary Final Report, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 573 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 208000 | 1 |
View Market Depth
| Last trade - 16.12pm 03/09/2024 (20 minute delay) ? |
| ZGL (ASX) Chart |
Day chart unavailable