5GN 3.45% 15.0¢ 5g networks limited.

Deals not finished yet. Execution risk still.Management has...

  1. 1,091 Posts.
    lightbulb Created with Sketch. 123
    Deals not finished yet. Execution risk still.

    Management has indicated a preference to reinvest rather than buybacks and dividends (so that money may not be realised).

    Residual business is an unknown quantity - they say profitable, but some doubts.

    People have options they've exercised, not enough buyers to absorb it all.

    People who bagheld for a long time just happy to get out. Lots of bad blood flushing out

    When the deal executes, that should be a positive catalyst assuming all goes well. Then response from BoD regarding buybacks and dividends another. Then next quarterly of new business, sometime in April. If thats profitable and generating cash, then huge catalyst.
 
watchlist Created with Sketch. Add 5GN (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
0.005(3.45%)
Mkt cap ! $46.88M
Open High Low Value Volume
15.0¢ 15.0¢ 15.0¢ $105.0K 700.6K

Buyers (Bids)

No. Vol. Price($)
2 105184 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 2065357 30
View Market Depth
Last trade - 11.18am 19/08/2024 (20 minute delay) ?
5GN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.