A bit disappointing since last year we were provided with similar guidance regarding "one-off" costs to grow the business. Clearly they aren't "one-off".
On the other hand, I don't mind giving the new CEO the opportunity to invest in growth and will judge his results over future years. It's not like there is a shortage of cash in the business so if the money has been spent wisely then I welcome it.
There is no indication that there has been a drop off in sales which would be much more concerning and ultimately profit means very little as far as CTE is concerned, since it consistently generates far more free cash flows.
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Last
75.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.60M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 295 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 2057 | 1 |
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| Last trade - 16.21pm 01/08/2025 (20 minute delay) ? |
| CTE (ASX) Chart |
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