Not a good looking balance sheet.
Opex and debt costs rising, while revenue (where it counts atm) falling.
TV revenue trajectory is - as expected (the last gasps of a dying platform).
ARNs $38m 'investment' in SXL seems to have been a rather poor decision. At face value, they'd have been better off keeping their money in the bank and collecting 4-5% pa interest
Now, the obvious question - Where does this leave the ARN merger? There would have to be some unease in the other camp, given these numbers.
Cost/Benefit.. ?
Ann: Interim Results Presentation, page-2
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Last
71.0¢ |
Change
-0.020(2.74%) |
Mkt cap ! $170.3M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 73.0¢ | 71.0¢ | $197.9K | 274.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 29704 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 15933 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
71.5¢ |
Change
-0.020 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 72.5¢ | 73.0¢ | 71.5¢ | 27292 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| SXL (ASX) Chart |