Also quite impressed by their ability to do good acquisition of assets and companies.
1/ Pentium Hydro
They started this business in 2019 by acquiring 10 drilling rigs from Ausdrill for 16 m $ (they just had the assets, but no contract with customers initially).
They now have 12 rigs, have regularly increased the profit of this division during the last 3 years and was able to generate 7.3 m$ of profit before tax in FY 23 with this business (and probably more in FY 24).
2/ Project Engineer
They bought it for 2.8 m$ in 2022.
And this business generated 1.6 m $ of profit before tax in FY 23.
Great achievements, page-3
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $128.7M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 31.5¢ | $9.923K | 31.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5227 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 118224 | 4 |
View Market Depth
| Last trade - 10.24am 22/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
-0.005 ( 1.56 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 31.8¢ | 31.5¢ | 22639 | ||
| Last updated 11.50am 22/05/2024 ? | |||||
| VYS (ASX) Chart |