Good to see directors buying on the market - Tom Gorman with $25k worth and Phil Bainbridge with $48,500 worth. IMO $12.25 SP a good top-up point.
Sales revenue up 7.4% despite flat US and UK conditions. Similar EBIT to previous periods. NPAT impacted by interest payments - however 'subsequently reduced' by period end. EBITDA up. Cash flow significantly down albeit for good reasons, hence the sell off? Will it rebound? I believe so hence my sentiments on top up point.
Don't really like this bit. Corporate costs 25% up? That's an extra $1m/month on top of last period $4m/month....When read in conjunction with $15.8m transaction costs for Baltimore scrap and LMS disposal then somewhere there are some hefty fees being divvied out to corporate and advisor types. Seeing this in conjunction with no dividends a bone of contention personally.....
Good to see Capex @ $93m to sustain business still underway.
In general IMO these guys are going be around for a long time and I'm topping up.
Ann: Change of Director's Interest Notice, page-2
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Last
$11.15 |
Change
-0.140(1.24%) |
Mkt cap ! $2.154B | |||
| Open | High | Low | Value | Volume |
| $11.15 | $11.25 | $10.96 | $3.257M | 291.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1326 | $11.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.16 | 10201 | 11 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$11.17 |
Change
-0.140 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| $11.14 | $11.24 | $11.11 | 23445 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| SGM (ASX) Chart |