FY14 depreciation was $5m, and capex was $11m (which includes $3m of rig cost paid in scrip). If we take say ~$7-8m as what's needed as capex in FY15, $1m in interest expense from $13m of debt. If EBIT is towards lower end of the guidance of $10m then this company is just head above water in terms of FCF
Net debt of $9m, market cap $25m, EV is $34m. EV/EBIT of 3.4x looks cheap, but not cheap enough if FCF is just breaking even
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.558M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $442 | 176.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 20322242 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 4567020 | 6 |
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| Last trade - 10.00am 20/06/2025 (20 minute delay) ? |
| AUK (ASX) Chart |