IMA 1.33% 7.6¢ image resources nl

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

  1. 8,428 Posts.
    lightbulb Created with Sketch. 884

    From the report:

    At 30 September 2022, Image had a net cash position of A$53.2m despite significant cash outlays in Q2 for dividends (A$12.8mcash component) and corporate income tax ($11.2m) in Q2.

    Strong cash flows and profitability in 1H 2022 and continuing strong commodity prices and favourable FX through Q3 and into Q4, bode well for the Company in its consideration of a dividend in 1H 2023.

    With all issues company specific or otherwise, they are currently debt free and possibly pay a dividend early next year. May not be flashy but in a better position than some other miners. Seems rather cheap but there are further delay risks?
 
watchlist Created with Sketch. Add IMA (ASX) to my watchlist
(20min delay)
Last
7.6¢
Change
0.001(1.33%)
Mkt cap ! $85.35M
Open High Low Value Volume
7.5¢ 7.6¢ 7.3¢ $3.19K 43.18K

Buyers (Bids)

No. Vol. Price($)
1 69045 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 135494 1
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
IMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.