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.
The positive cashflow was already expected and priced in. BGL...
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Last
$2.35 |
Change
-0.010(0.42%) |
Mkt cap ! $570.2M | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.37 | $2.30 | $2.617M | 1.117M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1020 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 2035 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$2.34 |
Change
-0.010 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $2.34 | $2.35 | $2.30 | 63724 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| DVP (ASX) Chart |