Once the operations is moved to USA and FY24 comes in above FY23 I would say this becomes a takeover target if it continues to trade on such a low earnings multiple. Especially with no debt and cash in the bank. It would be a nice earnings accretive acquisition for some larger operator. They could use the XTE balance sheet to partially fund it!
Once the operations is moved to USA and FY24 comes in above FY23...
Add HCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $15.40M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 14.0¢ | $13.45K | 93.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38957 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 14900 | 1 |
View Market Depth
| Last trade - 15.34pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
14.0¢ |
Change
0.010 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 14.0¢ | 14.0¢ | 14.0¢ | 1364 | ||
| Last updated 10.16am 14/06/2024 ? | |||||
| HCL (ASX) Chart |