Multix turned over 100 million+ in revenues last reporting period. It's an impressive product and I think they could get a good price for it which in turn will mean they can pay down their debt ensuring their future for atleast the medium term.
I think this could be a turn-around story, starting with the sale of multix. With a P.E of 6 I think the upside potential is more significant then the downside, as long as they sure up the balance sheet.
Selling seems to have dried up recently so perhaps the big players are pre-empting a strong share price increase?
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.38M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $21.88K | 97.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5993 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 91056 | 5 |
View Market Depth
| Last trade - 15.55pm 23/06/2025 (20 minute delay) ? |
| MCP (ASX) Chart |