property, plant and equipment (25,923)
That isn't a recurring quarterly expense, this is in ramp up phase. The fact they were able to purchase 26m of property plant and equipment and remain free cash flow positive is a feat on it's own.
Imagine next quarter or more so the December quarter number when investing costs will be non-significant + UG mine in full operation. That will be the re-rate quarter. The stock market is a forward looking mechanism, if investors can see this 6 month potential and they keep ticking boxes as they have, WAF will get there, it's just a matter of time.
Ann: Quarterly Cashflow Report, page-11
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Last
$1.50 |
Change
0.020(1.35%) |
Mkt cap ! $1.705B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.52 | $1.47 | $7.074M | 4.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20315 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 22893 | 5 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |