Quite correct, it's only worth the value of its future cash flows, which going on the current outlook for works in Gladstone is very low. It might have been a good investment 3 years ago, right now it would be worth next to nothing, a liability in fact if minimum occupancy cannot be achieved.
It will be interesting to see how they account for it in their FY report.
Ann: Decmil Awarded $57M of Defence Contracts, page-7
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Last
29.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.50M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.3¢ | 29.0¢ | $5.409K | 18.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3293374 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 824906 | 13 |
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| Last trade - 10.25am 10/07/2024 (20 minute delay) ? |
| DCG (ASX) Chart |