Yes... everything headed in the right direction and way undervalued especially if they can continue to produce cash positive returns. With sales jumping so much, even over a winter quarter this seems quite possible. I guess we now know why that new buyer picked up all those shares (was it 7% of the company??) at <3c. Below was the key sentence in the announcement i reckon
The Food Revolution Group CEO, Steven Cail, commented “It is extremely pleasing to have delivered
another positive quarter of operating cash flow which, added to the previous quarter, means we have
now delivered positive operating cash flow for H2 FY22. The improved cashflow position was supported
through strong sales, with the quarter delivering an impressive 22.7% sales growth on Q4 FY21.
Yes... everything headed in the right direction and way...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OJC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $51.84M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $22.35K | 132.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10232 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 493826 | 9 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| OJC (ASX) Chart |