If you knew anything about the engineering, civil, construction and mining services industries, is that they are extremely low margin and these are the risks associated with investing in a company like this.
Definitely seems too risky for your investment strategy with $15.2mill cash and an $8mill EV cashflow positive.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-12
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.13M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 12.0¢ | $2.222K | 18.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 64350 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 140000 | 3 |
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| Last trade - 11.37am 14/10/2024 (20 minute delay) ? |
| WSI (ASX) Chart |