Morgans have released a new note on SLC. TP of $1.60 but denoted as high risk. Key will be getting debt ratios back to acceptable levels before late Sept when bank waiver ends.
Mgt hoping to get some cash generating deals via IRUs or the like to improve situation. Otherwise equity raise maybe required
Mid term view on the business ability to generate cash flows is high.
Morgans meeting with CEO yesterday
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Last
$1.32 |
Change
-0.025(1.87%) |
Mkt cap ! $658.8M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.34 | $1.28 | $744.7K | 567.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 801 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 3710 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.32 |
Change
-0.025 ( 0.92 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.33 | $1.30 | 77712 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SLC (ASX) Chart |