5GN 13.5% 16.0¢ 5g networks limited.

Not surprised they pushed this out again with a couple of new...

  1. 176 Posts.
    lightbulb Created with Sketch. 44
    Not surprised they pushed this out again with a couple of new pages. Looking at the share price it seems investors don't believe they will have $41M of free cash flow next financial year. Trading on 3 times FY23 cashflow. Share price seems to imply they they will only get $7m and the business is mature and going nowhere. Presentation suggests it is growing quickly. Last time I owned a stock priced like this it turned into a 25 bagger and is still growing strongly. I'll stick them under the pillow for a bit until some sanity returns to the share price.
 
watchlist Created with Sketch. Add 5GN (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
-0.025(13.5%)
Mkt cap ! $53.86M
Open High Low Value Volume
18.0¢ 18.0¢ 16.0¢ $195.6K 1.129M

Buyers (Bids)

No. Vol. Price($)
3 356255 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 200000 1
View Market Depth
Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
Last
16.5¢
  Change
-0.025 ( 8.54 %)
Open High Low Volume
17.8¢ 17.8¢ 16.5¢ 363497
Last updated 15.38pm 30/05/2024 ?
5GN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.