Another announcement about how things are going to get better some time in the future. The business is now plagued by problems which are additional to its failure to make money out of its projects, namely significant debt and a truly massive number of performance rights and options that will presumably trigger at the lightest uptick in performance.
They actually crow about their cash position but the business is net significant debt.
And how long has it been that they say that they only have one problem job that's a product of a bygone era that won't be replicated? I'd say 5 or 6 years.
But hats off once again to the massively overpaid upper management of this business, including the $750K++ CFO. You guys continue to turn a carcass into a multi-year feast.
Ann: H1 FY24 Results Presentation, page-2
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Last
28.5¢ |
Change
-0.003(0.87%) |
Mkt cap ! $44.34M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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29.0¢ |
Change
-0.003 ( 0.87 %) |
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| Open | High | Low | Volume | ||
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| Last updated 15.33pm 10/05/2024 ? | |||||
| DCG (ASX) Chart |