Fantastic update.Based on 2HY run rate it's now trading on <3x EBITDA multiple and <5x earnings multiple at fully diluted MC (utilising extensive tax losses).Most likely net cash positive now.And crucially clients are T1 and multi-year contracts - so it takes out the cyclicality that other mining services have (i.e. they've shorter contracts and/or not always T1 clients).And with plenty of growth opportunities to come as they become completely vertically integrated.Cheap as chips.But seriously give me a BB not unfranked divis.P.S. Why the complaints about director on-market buying?I wish I had that problem with all my stocks!If you know what you're doing then you can see it is cheap - today was the cherry on the cake - it won't be the last upgrade IMO
Fantastic update.Based on 2HY run rate it's now trading on <3x...
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $126.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 29.5¢ | $29.71K | 97.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 58869 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 47497 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
0.005 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 30.0¢ | 31.5¢ | 29.5¢ | 49778 | ||
| Last updated 15.58pm 31/05/2024 ? | |||||
| VYS (ASX) Chart |