MSV 1.47% 34.5¢ mitchell services limited

Ann: Quarterly Investor Update, page-10

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  1. 1,230 Posts.
    lightbulb Created with Sketch. 81

    Happy to keep buying at his level.
    Drill rig demand should remain strong.
    In this high inflation environment strong commodity prices are supported.

    Heard back from CFO that gave me comfort company tracking well.
    Cashflow effected by mobilization and demobilization costs and inventory up.
    2 of the 9 rigs have arrived and they will continue to arrive for the remainder of the financial year.
    Capital raising presentation has shown 30/6/22 debt should increase to $36M. If we have $10M cash then our Enterprise value will be $120M and our EBITDA run rate then should be $50-$60M p.a.

    If all goes to plan our share price should rerate strongly some time in the next 12 months.

 
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Last
34.5¢
Change
0.005(1.47%)
Mkt cap ! $73.63M
Open High Low Value Volume
34.5¢ 34.5¢ 34.0¢ $16.01K 46.51K

Buyers (Bids)

No. Vol. Price($)
3 210735 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 10000 1
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Last trade - 15.45pm 15/11/2024 (20 minute delay) ?
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