GLB
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0.00% $2.90 globe international limited

Ann: Half Year Accounts, page-12

  1. Zissou
    1,584 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 8592 $2.90
 

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Price($) Vol. No.
$2.91 1 1
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