The most important part in today's financial climate, the 'D' word, only $91 million in debt.
With an NPAT of $188.5m in the Sept qtr, IMO this shouldn't b a showstopper for any M&A activity, as this could b paid of on its own in the nxt 3-6 months by the company.
Compare this $91m debt with bigger players who are in the red across, all the other sectors & u'll get the message, that its not that bad a company after all to take-over. You have revenue generating assets, so things do add up for FLX.
Cheers
flx stats, page-17
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $36.80M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 18.0¢ | $5.427K | 30.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16370 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 6250 | 1 |
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| Last trade - 12.35pm 11/10/2024 (20 minute delay) ? |
| FLX (ASX) Chart |