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!
Ann: Half Year Accounts, page-12
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Last
$2.90 |
Change
-0.140(4.61%) |
Mkt cap ! $120.2M | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.06 | $2.89 | $24.56K | 8.447K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2768 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 725 | 1 |
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| Last trade - 15.52pm 03/06/2024 (20 minute delay) ? |
| GLB (ASX) Chart |