GLB
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0.69% $2.87 globe international limited

The consistent selling on low volumes has me questioning myself....

  1. Zissou
    1,649 Posts.
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    19/03/24
    14:49
    Post #: 72961752
    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!
    GLB Price at posting: $2.70 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$2.87 		Change
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$2.90 $2.90 $2.87 $43 15

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No. Vol. Price($)
1 2 $2.86
 

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Price($) Vol. No.
$2.88 936 1
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