After the losses of FY23 and H1 of FY24, I wouldn't expect Aeris to be paying too much tax before FY26, so that figure of $17 million should drop straight to the bottom line.
Whilst the announcements about mining developments or resource upgrades are welcome, it highlights the lack of announcements about a financial strategy going forward. After the company's experiences during 2023 and the first quarter of 2024 (before the copper price rose above USD$4.00 per lb), you would think that cash earned would be at the forefront of management's mind!! With an excellent director like Robert Millner on the board, I would expect strong consideration to the best path forward is being discussed. Let's hope we get a clearer picture soon.
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23.5¢ |
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0.005(2.17%) |
Mkt cap ! $227.3M |
Open | High | Low | Value | Volume |
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5 | 75302 | 23.5¢ |
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No. | Vol. | Price($) |
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5 | 75302 | 0.235 |
9 | 482750 | 0.230 |
10 | 246629 | 0.225 |
10 | 398687 | 0.220 |
6 | 308151 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 59166 | 3 |
0.245 | 132140 | 2 |
0.250 | 51462 | 2 |
0.255 | 176387 | 5 |
0.260 | 243458 | 6 |
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