My reading of the accounts (as at June 2020) is that they have $47.7m in contract liabilities (customer advances for work not yet performed). My best guess is that their surplus cash is closer $50m. And if we adjust for 'more normal' levels of working capital, it may be even lower.
Ann: Preliminary Final Report, page-12
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Last
$12.23 |
Change
-0.030(0.24%) |
Mkt cap ! $486.0M | |||
| Open | High | Low | Value | Volume |
| $12.30 | $12.30 | $12.05 | $528.2K | 43.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $12.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.23 | 1335 | 2 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| LYL (ASX) Chart |