Terrible set of results.
Only bright spot I could find was trading cash flow = + $2.0 M
Add back increase in working capital of $10 M gives +$12.0 M cash flow on the underlying business BEFORE all the significant items and AASB16 adjustments .
( see p12 of the presentation )
Desperately need some leadership post Peter George and some discipline on spending.
The Board desperately needs a majority of independent directors to protect shareholder interests and provide checks and balances on senior management that looks "out of their depth".
Terrible set of results.Only bright spot I could find was...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $8.049K | 2.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 62867 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7474889 | 18 |
View Market Depth
| Last trade - 15.48pm 10/09/2024 (20 minute delay) ? |
| OVT (ASX) Chart |