Working capital build up was big. Basically all of NPAT went there in the last half. No need to ramp it further, as Iridium go exec production has begun.
Similarly, capex can be smaller from here on, as the two major deployments (Zoleo API and Iridium go Exec) are now done. Some modifications moving forward and perhaps some value-add stuff on the exec, but I don't see new product developments occurring soon.
If there's not a $2m-3m increase in total cash by EOFY, I'd be surprised.
BCC updated valuation. +$1 by FY23 end, page-321
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Last
14.0¢ |
Change
0.020(16.7%) |
Mkt cap ! $12.09M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $25.90K | 194.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31014 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 79284 | 3 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| BCC (ASX) Chart |