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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They will make a large profit as the book value of Aqura would...
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Last
4.8¢ |
Change
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Mkt cap ! $24.48M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 4.7¢ | $4.897K | 102.0K |
Buyers (Bids)
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Sellers (Offers)
Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 70000 | 0.042 |
1 | 23231 | 0.040 |
1 | 150000 | 0.031 |
Price($) | Vol. | No. |
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0.048 | 100000 | 1 |
0.050 | 200000 | 2 |
0.057 | 9632 | 1 |
0.058 | 100000 | 1 |
0.059 | 200000 | 1 |
Last trade - 12.46pm 07/06/2024 (20 minute delay) ? |
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Last
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Change
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Last updated 12.03pm 07/06/2024 ? |
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