Yes read the last financial statement.
Cash in the bank about $120 mil. and net debt $2 mil. See below from the statement from the company
Strong Balance Sheet
Robust liquidity and committed finance facilities to deliver current Surat Basin work programs
30-Jun-19 31-Dec-19
Cash Drawn debt Undrawn debt
Net cash / (debt): $12.7 million ($2.3 million)
If this share price goes down to zero. We should all get this company together when this viral sage is over in few months time. All the money and fiscal manoeuvres will be implemented to give the world economy a big boost in the long term for a short term issues.
Enjoy the ride and this is a great time to go shopping to buy great companies at below fair price. As I say before hopefully you will forget Covid 19 has been here this time next year.
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