Cant see anyone using the services long term at that EBITDA, you can buy your own rig in 3 years and then effectively use it for free for the next 20 years.
If it wasn't for the gain on sale, Vysarn would have made a loss last year. All that suggests to me is that there is currently a shortage of rigs, that can change in 12-24 months and then there is suddenly atleast a $7million write down on the books. If anything its probably a good time to invest in a rig company specializing in dewatering, food for thought for Hutchy and Jimmy.
- Forums
- ASX - By Stock
- Ann: Investor Presentation September 2020
Cant see anyone using the services long term at that EBITDA, you...
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VYS (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $163.2M |
Open | High | Low | Value | Volume |
39.0¢ | 39.5¢ | 37.5¢ | $113.7K | 294.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 900 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 16607 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 900 | 0.380 |
1 | 48355 | 0.375 |
3 | 43900 | 0.370 |
1 | 9534 | 0.365 |
3 | 42888 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 16607 | 2 |
0.400 | 17991 | 1 |
0.410 | 289026 | 2 |
0.420 | 178147 | 4 |
0.425 | 424858 | 4 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
VYS (ASX) Chart |