The update is pretty clear on where they are going, next year pretty much guaranteed to be an improvement over 15/16 year given the amount of booked revenue. The expected small loss in the 2H2016 seems to be due to hiring more staff i.e. expansion. Only thing I don't get is the supplier payments in the 4q2016 - why are they so low compared to the other quarters? Perhaps just an accruals thing?
I think 60c would be tempting enough for me to double up on this, <=50c would be auto-buy. Just hope it falls a little bit more...
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Last
$1.66 |
Change
0.010(0.61%) |
Mkt cap ! $280.4M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.68 | $1.62 | $34.96K | 21.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 621 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 2298 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| CGS (ASX) Chart |