With the way they burn cash on overheads and what they have left in their share of the funds they manage I am not sure the negative enterprise value is not close to offset by its case investments. It’s a 40c stick at best in my opinion .
They are lucky there are some big institutions that probably can’t sell as there is simply no buyers .
If one them goes hard then it will be a 40c share.
Convince me there is upside in a company that is addicted to spending on its overheads .
With the way they burn cash on overheads and what they have left...
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Last
86.0¢ |
Change
-0.010(1.15%) |
Mkt cap ! $243.0M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 87.3¢ | 84.0¢ | $107.7K | 125.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6816 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 630 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| OBL (ASX) Chart |