Purchased my first parcel today. I like the growth story here, and now being debt free has lowered risk with more potential to reward shareholders.
I especially like the order book +30% from a year ago which should translate to similar gains in profits.
A company that is debt free, positive cash balance, has made ~$32M profit after tax, P/E ~10.5, and may make additional 30% next year? Show me the dividends!
The last line in the announcement has me excited:
“We have ended the year in a strong position, and we are intending to provide guidance for FY25 in our August results.”
Ann: FY24 update - Strong cash conversion and order book, page-9
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50.0¢ |
Change
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Mkt cap ! $309.6M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 51.5¢ | 49.5¢ | $283.0K | 560.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2110 | 50.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 28618 | 2 |
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