This is a very interesting buy at these levels.
Negatives:
Decent amount of debt on balance sheet, however CR helped restructure this
Retail BB / Services business could be weak. (However SuperBB has has a massive amount of new customers late last year, a positive but also a negative as they have had issues with customer service and most recently a Cisco bug has lead to outages)
Positives:
Large network without very little CAPEX required. Expansion going forward likely out of cash flow (ie - only increase when customers pre pay) Book value of network 210 million as per AGM presentation.
NBN & fixed wireless businesses may surprise, very little has been priced in IMO. Positioned as premium provider (yes, the outages hurt) however they are also a NBN alternative via non NBN fixed wireless for retail and commercial applications via NuSkope/BigAir
This is a very interesting buy at these levels.Negatives: Decent...
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Last
$1.54 |
Change
0.005(0.33%) |
Mkt cap ! $771.6M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.57 | $1.52 | $1.054M | 681.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3010 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 3010 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SLC (ASX) Chart |