They are targeting zero EBITDA in half two, when you do the numbers. Cash might have reduced a bit as well, even with what should be significant interest income. The CEO recently sold, as is his right. Now the market wonders if 1.5b at 3 times revenue is a bit too much for a loss making and possibly CF negative business (once interest excluded) in half 2. IMO.
Ann: Trading Update, page-7
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Last
$9.54 |
Change
-0.340(3.44%) |
Mkt cap ! $1.132B | |||
| Open | High | Low | Value | Volume |
| $9.73 | $9.73 | $9.52 | $1.640M | 171.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 643 | $9.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.62 | 5747 | 2 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| TPW (ASX) Chart |