I agree with most of the above and will most likely retake a position later in the year.
The only caveat I see is that their cash outflows last quarter were ~$4 m leaving their cash balance at ~$4.7 m. It would seem to me that there will be a cap. raising soon (which they have previously alluded to in any case), which given the current environment may have a reasonable discount to it.
On the watchlist as always.
Cheers
SBC
I agree with most of the above and will most likely retake a...
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Last
$16.15 |
Change
-0.940(5.50%) |
Mkt cap ! $2.064B | |||
| Open | High | Low | Value | Volume |
| $15.04 | $16.33 | $14.65 | $25.91M | 1.638M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125 | $16.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.20 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |