Accounting for the revised cash balance, you're paying something like 1.1x for those underlying earnings at today's prices. Assuming that those one-offs stay one-offs, it's almost like swapping your cash for SXE's cash and getting a business for free.
Cash-burn appears to be non-existant plus the debt has been wiped given me the impression that SXE is battening down the hatches for a period of low-margin projects. However with circa $0.28 in cash, I'll take that bet on the potential upside.
Accounting for the revised cash balance, you're paying something...
Add SXE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.23 |
Change
0.000(0.00%) |
Mkt cap ! $322.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4750 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 3 | 1 |
View Market Depth
| Last trade - 16.14pm 03/05/2024 (20 minute delay) ? |
| SXE (ASX) Chart |
Day chart unavailable