The positive cashflow was already expected and priced in. BGL paid what they owed Dec quarter in January propping up the receipts. They did not drill anything last quarter so saved a few dollars. Net cash positioned increased by $4.4M, so net margin is 9% inline with industry average for boutique mining services.
Ann: Quarterly Appendix 5B Cash Flow Report, page-3
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Last
$2.37 |
Change
-0.020(0.84%) |
Mkt cap ! $642.8M | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.43 | $2.30 | $1.736M | 730.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3400 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 3400 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| DVP (ASX) Chart |