we have $62.9m as at 31 Dec 2021, to be precise.
PNV has only $3.29m now and they burn cash at a staggering rate.
ARX's net cash used in operating activities better than PNV.
PNV's borrowings will keep biting its cash position, as shown in its financing activities.
ARX spent significant portion of its cash on its manufacturing facilities which expects to complete next month. which can further strengthen its cash flow.
I personally like a company that can balance growth and spending.
Ann: December Quarterly Report and Appendix 4C, page-25
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Last
54.0¢ |
Change
-0.005(0.92%) |
Mkt cap ! $189.6M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.0¢ | 54.0¢ | $120.6K | 220.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 49646 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 11214 | 3 |
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| Last trade - 12.22pm 02/09/2024 (20 minute delay) ? |
| ARX (ASX) Chart |