Typically growth companies hold the cash as a buffer so I suspect they’ll do nothing with the cash on hand outside of term deposits.
Spending that cash down too much in this environment would dramatically increase the risk of this investment.
- Forums
- ASX - By Stock
- ASX: ART (Airtasker): Significantly undervalued with $0 debt, $16 mil in cash, Cashflow positive and growing
Typically growth companies hold the cash as a buffer so I...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ART (ASX) to my watchlist
|
|||||
Last
28.0¢ |
Change
0.020(7.69%) |
Mkt cap ! $116.5M |
Open | High | Low | Value | Volume |
26.0¢ | 28.0¢ | 25.5¢ | $69.45K | 261.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20702 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 123914 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20702 | 0.270 |
3 | 133605 | 0.265 |
2 | 95626 | 0.260 |
2 | 58555 | 0.255 |
9 | 253358 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 116222 | 6 |
0.285 | 10000 | 1 |
0.290 | 76937 | 4 |
0.295 | 103507 | 4 |
0.300 | 140952 | 14 |
Last trade - 15.17pm 02/07/2024 (20 minute delay) ? |
Featured News
ART (ASX) Chart |