IRI has made a great start repairing its balance sheet and likely to have $23-$25m of net cash at 30 June 2024.
Continuing to grow Payments, harvest Infrastructure (HP) and fixing Communications are the key foci for IRI management.
IRI has also become very rational with allocating valuable capital. It has limited R&D expenditure to a more customer focused approach. This is already leading to an improved NPAT result.
Eventually IRI will get its re-rate if the recent improvements are added to.
IRI has made a great start repairing its balance sheet and...
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Last
92.0¢ |
Change
0.040(4.55%) |
Mkt cap ! $160.6M | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 92.3¢ | 87.0¢ | $202.1K | 225.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5039 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 7479 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| IRI (ASX) Chart |