The consistent selling on low volumes has me questioning myself. But I went back and looked at the half year report. GLB generated $16m of free cash flow in the half which was surely way above expectations. $7m of EBIT with guidance for an even better second half so maybe on track for over $15m of EBIT for FY24 ($20m is the dream). Balance sheet is net-cash. Inventory is being addressed. Everything seems fine except the share price!
The consistent selling on low volumes has me questioning myself....
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Last
$2.90 |
Change
0.000(0.00%) |
Mkt cap ! $120.2M | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.92 | $2.90 | $31.07K | 10.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4237 | $2.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 3000 | 1 |
View Market Depth
| Last trade - 13.32pm 21/06/2024 (20 minute delay) ? |
| GLB (ASX) Chart |