RBC broker noted that it had $72m negative working capital to cycle through. its ok if sales continue to grow, but once it goes flat or negative then it unwinds very quickly:
Also the company has a lot to answer for:
RBC broker noted that it had $72m negative working capital to...
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Last
$1.19 |
Change
-0.010(0.83%) |
Mkt cap ! $455.5M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.22 | $1.18 | $701.4K | 586.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 16519 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 11545 | 14 |
View Market Depth
| Last trade - 11.25am 07/08/2024 (20 minute delay) ? |
| CTT (ASX) Chart |