The strategic review will find that the current overhead structure is unsustainable.
It carries baggage from three companies, and no one has the balls to restructure because I imagine some of the people directly hold the balls of the CEO/MD be it connections, contacts. deals or years of service compensation on termination.
When you get to this position you sell the business.
Imagine a competitor buying an $11M business with 40% GP and slotting it under their own overheads. Various valuation methods $4.36M GP, use 30% GP and that is sales of $14.55M, a potential asset price?
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.481M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1293665 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 332362 | 2 |
View Market Depth
| Last trade - 16.30pm 25/07/2025 (20 minute delay) ? |
| AN1 (ASX) Chart |
Day chart unavailable