SP3 11.8% 1.9¢ spectur limited

I am not going to engage in a lengthy discussion, as busy with...

  1. 867 Posts.
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    I am not going to engage in a lengthy discussion, as busy with other things including working out whether to compete with the entity who is buying in 500k parcels. Needless to say that I was hoping that this quarter would be better re profitability and yes, there is a mantra among ASX hopefuls that next quarter will be the one. That said, I have never seen a stronger case (and in writing) that this next quarter (Q2 FY2024) will be the one in terms of positive cash flow etc. Combined with revenues still growing (so that is a plus re this quarter and going forward), I am convinced they can do this.

    "It is noted that at 23 October 2023, the Spectur Group cash balance was $1.452m, a reduction of $70kfrom the start of the financial year, following a quarter with substantial annual and one-off expenses.Spectur expects to collect an R&D tax return of more than $400k in Q2, further improving the cashbalance in the near term, in addition to other operating cash receipts."


 
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Last
1.9¢
Change
0.002(11.8%)
Mkt cap ! $5.082M
Open High Low Value Volume
1.9¢ 1.9¢ 1.8¢ $4.962K 261.6K

Buyers (Bids)

No. Vol. Price($)
2 590000 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1141611 2
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Last trade - 15.45pm 28/06/2024 (20 minute delay) ?
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