Great Announcement Today by Management.
We added $10m in EBIT to the business results going forward, so as shareholders in this business, we should be very pleased.
Given the SP action today, this is a wonderful example how the market acts a voting machine in the short term. In the long run the market will come around, as the profit numbers will speak for themselves.
If we value the $10m on a low 10x EBIT mulitple then we added 60c to the current share price.
When it shows up is anyone's guess.
Great Announcement Today by Management. We added $10m in EBIT to...
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.89M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.7¢ | $1.486K | 54.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54147 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 208000 | 3 |
View Market Depth
| Last trade - 14.52pm 14/06/2024 (20 minute delay) ? |
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Last
2.8¢ |
Change
0.000 ( 3.70 %) |
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| Open | High | Low | Volume | ||
| 2.8¢ | 2.8¢ | 2.8¢ | 26875 | ||
| Last updated 14.52pm 14/06/2024 ? | |||||
| ZNO (ASX) Chart |