I agree it is very undervalued. I was expecting some sort of re-rate following the cash flow positive announcement but price is a bit stubborn at the moment. The p/e ratio is very low even using my conservative annual profit of 6 million, I see you are using 20 million. If they keep up with the contracts and stay cash positive the sp has to change at some point. Perhaps the fact they rely on china is holding it back.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.574M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 11760535 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 3667549 | 3 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| RLG (ASX) Chart |
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