SDV 7.25% 37.0¢ scidev ltd

net tangible asset-three times the share price, page-4

  1. 771 Posts.
    lightbulb Created with Sketch. 72
    "Wouldnt that mean that the company assets on its own is worth 1.95cents so if the company were to go in to liquidation that the shareholders would atleast get in return for their shares what ever the NTA is?"

    IMO if they were to liquidate the answer is NO.

    The 1.95c is old and it continues to drop every day. (Cash flow negative)
    I think it would be very likely there would be write downs in the value of there assets.
    Also there are cost to pay out contracts, redundancy, legals.
    So I do not think you would even get the .007 back.
 
watchlist Created with Sketch. Add SDV (ASX) to my watchlist
(20min delay)
Last
37.0¢
Change
0.025(7.25%)
Mkt cap ! $70.22M
Open High Low Value Volume
35.0¢ 37.0¢ 35.0¢ $49.72K 138.9K

Buyers (Bids)

No. Vol. Price($)
1 166360 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 13726 1
View Market Depth
Last trade - 15.48pm 28/06/2024 (20 minute delay) ?
SDV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.