I think it's a buy still, fair price somewhere closer to 5c
The $25m revenue coming through is proof their business and services provided is good as well as sought after
They're teetering on the edge of profit, if not already in net profit, but they just need to improve the margins slightly and they'll be swimming in it
So far the business has basically just been set up in WA but they recently got licences for the east coast and some other licence/award which lets them apply for more tenders
$2m EV, decent growth, new licences to expand growth, profitable (just)... Could be 5c a share a still a decent buy I think
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $990.4K |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.107K | 221.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1616046 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 84541 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1616046 | 0.004 |
1 | 1000000 | 0.003 |
1 | 2598504 | 0.002 |
3 | 3600999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 84541 | 1 |
0.007 | 450000 | 2 |
0.008 | 2000000 | 1 |
0.009 | 3419744 | 2 |
0.013 | 500000 | 1 |
Last trade - 15.47pm 20/06/2025 (20 minute delay) ? |
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MSG (ASX) Chart |