Interesting. So they've ruled out a Greenfield site and bit the bullet on some land next door for $5m. Also modestly increased the dividend, no DRP and mentioned their $10m facility. They've also spent on building their inventories.
At face value my interpretation is that they're planning to fund their factory expansion through cashflow and possibly a tiny bit of debt. Other interpretations welcome.
They certainly seem confident of the future notwithstanding the ongoing impact of freight costs.
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Last
87.0¢ |
Change
0.015(1.75%) |
Mkt cap ! $103.4M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 87.0¢ | 86.0¢ | $16.58K | 19.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23946 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 28849 | 1 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| SDI (ASX) Chart |