Just chiming in here to collect the “I told you so’s” - I was accused quite unfairly of downramping this stock but a 90% EBITDA miss on guidance reaffirmed six months ago is a bit beyond the pale. As I’ve maintained, it’s a tough business and I don’t think it’s going to get any easier and I hope it does well as I still have a number of colleagues and friends who work there.
also, the dividend is a fig leaf covering what is an atrocious result - after a capital raise to then give money back is a bit
strange to say the least.
As an aside for the last time, 5GN has NOTHING to do with 5G as in mobile technology - 5GN is basically a SI/Carrier more similar to a very small Datacom style business.
Ann: Full Year Results - Presentation, page-31
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14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1828966 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3419686 | 23 |
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