The numbers look bloody brilliant.... I will make a bold call here... taking a look at the cash flow statement I reckon they have enough cash on the runway to make it BUT... for a company of their size and chasing growth... having 5 - 10 mil left in the coffers at the end of the FY will not be enough... I reckon they will do another capital raising by listing on the NASDAQ!
Finally changed my sentiment to buy after todays results. I am very surprised by the growth in markets that are already mature like NZ and AUS. Hopefully they get further massive growth in England and continue their attack on the US market and steadily grow asia.
Ann: Interim Report H1 FY18, page-2
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Last
$134.42 |
Change
1.500(1.13%) |
Mkt cap ! $20.51B | |||
| Open | High | Low | Value | Volume |
| $134.01 | $134.50 | $132.97 | $40.30M | 300.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2541 | $134.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $134.42 | 629 | 2 |
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| XRO (ASX) Chart |