They will make a large profit as the book value of Aqura would have been far less than it was sold for. I cant be bothered looking it up but I reckon it would have had less than $10m of net assets and was sold for $29m before costs I think.
What will be disappointing is the profit on a like for like of the surveying business. It is a break even at best enterprise the way they run it. They cannot continue to ignor depreciation as surveying is capital intense for P&E and more so as they position themselves as a technology company managing data for clients.
I believe the long term strategy is going private.
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Ann: FY22 Unaudited Financial Guidance, page-4
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Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $26.09M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $19.18K | 383.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 466044 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.047 |
1 | 100000 | 0.046 |
1 | 192827 | 0.045 |
1 | 100000 | 0.040 |
1 | 19680 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 466044 | 1 |
0.051 | 576000 | 2 |
0.052 | 50000 | 1 |
0.055 | 41380 | 1 |
0.057 | 94740 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
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Ronald Miller
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