I also don't think they have enough cash to buy anything meaningful, except perhaps to increase their stakes in some of their current companies.
For now, everything is going so well, they should just focus on continuing to grow the businesses they have now.
I must say, I was a bit nervous when they spent all that cash recently, but seeing the loss for the quarter reduce to less than $1m, all while achieving some fantastic growth rates really alleviates those concerns.
I still can't believe it is trading at $1.50. This should be trading at closer to $2.50 at least.
I also don't think they have enough cash to buy anything...
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $86.74M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.5¢ | $111.4K | 550.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 305124 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 12902 | 1 |
View Market Depth
| Last trade - 16.16pm 23/06/2025 (20 minute delay) ? |
| FDV (ASX) Chart |