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
$20.00 |
Change
0.090(0.45%) |
Mkt cap ! $2.556B | |||
| Open | High | Low | Value | Volume |
| $19.88 | $20.07 | $19.73 | $11.80M | 591.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5901 | $19.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.00 | 3262 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NEU (ASX) Chart |