Cash receipts for financial year will paint an ugly picture $5.5 - $6m tops. A considerable decline over the last two years.
If they repeat that FY25 I daresay curtains as a publicly listed company. There will certainly be private equity sitting in the background prepared to play a longer game than fickle markets.
In the scheme of investing this will play out over the REALLY short term. Next 2 - 3 quarters should be telling (I'm starting to sound like the preacher).
I still believe IO can turn this round, money will start to follow and the macro financial conditions may start to soften end of the CY
Cash receipts for financial year will paint an ugly picture $5.5...
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3.6¢ |
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Mkt cap ! $27.83M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.6¢ | $5.71K | 158.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 226302 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 17000 | 2 |
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| Last trade - 13.56pm 07/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 3.6¢ | 3.6¢ | 3.6¢ | 56051 | ||
| Last updated 15.57pm 07/06/2024 ? | |||||
| 3DP (ASX) Chart |