Very happy with that. The more you look into these reports the sillier the current share price looks. We made $42 million in cash in the last half year. Obviously there are accrued expenses, but I like a business model that gets cash first and then pay's suppliers etc after, it removes a huge amount of risk. Obviously in the Jan- June half year the company always loses cash, but last year for example they only lost $31 million, this year expenses will be lower so we'll probably lose less than that. All up the company is still making cash.
From 1 year ago the share price is down 75%, while the company is in a better position.
Cash
30 June 2019: 29m
31 Dec 2019: 65m
30 June 2020: 58m
31 Dec 2021: 129m
30 June 2021: 98m
31 Dec 2021: 142m
The whole time maintaining zero debt.
The biggest question is will revenue continue to grow a reasonable % into the future and if you have a look at that revenue chart it's seems far more likely that it will than won't. Even modest revenue growth makes the share price massively undervalued. The share price is further proof of the stupidity of man.
Very happy with that. The more you look into these reports the...
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Last
42.5¢ |
Change
-0.045(9.57%) |
Mkt cap ! $120.1M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 42.5¢ | $88.43K | 199.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6997 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 7441 | 2 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
-0.045 ( 5.43 %) |
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| Open | High | Low | Volume | ||
| 45.5¢ | 45.5¢ | 43.0¢ | 4393 | ||
| Last updated 15.22pm 26/04/2024 ? | |||||
| ATG (ASX) Chart |