You can back out the excess cash from the market cap which is about 500m and is more flattering. On the flip side they also recently purchased a controlling interest in a production facility, so depreciation is going to increase a lot from the current capital light model. However, you're right it is still priced for a good recovery.
Media Updates, page-10101
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Last
$6.62 |
Change
-0.020(0.30%) |
Mkt cap ! $4.785B | |||
| Open | High | Low | Value | Volume |
| $6.61 | $6.66 | $6.58 | $9.271M | 1.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 24534 | $6.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.62 | 12062 | 22 |
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| Last trade - 15.37pm 20/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |