Their revised underlying EBITDA from 3.8M to 2.97M is obviously disappointing but this will be a buy the dip story.
2 leading owned DESOA and DEVO projects complete in just over 12 months time is not long to wait plus $5.3m ARENA funding pending.
They are also tendering on other EPC contracts which will hedge against the odd construction delay for their own projects.
Asset values will also be increasing over time.
Ann: Funding Mandate for Project Pipeline and FY21 Guidance, page-7
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.57M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $47.70K | 476.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9198 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 179264 | 3 |
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| Last trade - 15.50pm 06/09/2024 (20 minute delay) ? |
| DEL (ASX) Chart |