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$1.38 apm human services international limited

Please also note apm statutory net profit july to December 23...

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Banana1234

531 Posts.

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29/03/24

20:54

Post #: 73120749
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Originally posted by haozhijiang: ↑

As a non-holder I think CVC is unlikely to unveil the true reason why they walked away. The market would unlikely to respond well as a possible reason is that CVC was unhappy with the result of their DD hence walked. As this is unable to be ruled out the market would likely be bearish on APM’s true market value, particularly at its current debt level. I think the SP is very likely going down to the similiar level,i.e the 80c and could be even worse due to the perceived concern.

I still think a CR is imminent as Q3 for most human services would be the worst performing quarter due to the number of public holidays and associated staff leave during this quarter.

if their Q3 shows further decline of their cash position +/- of debt level, they will very likely need to push for a CR and it will further tank the SP.

I don’t want to be a doomsayer and as a non-holder but someone who works in the same industry I think the current holders need to be cautious.

DYOR and good luck with your trading.

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Please also note apm statutory net profit july to December 23 dropped by 81.5% to a merely just over $7m.
That's the fact..

Divestment is an option to strengthen the liquidity..

APM Price at posting: $1.63 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $1.38		Change 0.000(0.00%)		Mkt cap ! $1.265B

Open	High	Low	Value	Volume
$1.38	$1.39	$1.38	$3.746M	2.713M

Buyers (Bids)

No.	Vol.	Price($)
44	2975879	$1.38

Sellers (Offers)

Price($)	Vol.	No.
$1.39	98176	5

View Market Depth

No.	Vol.	Price($)
44	2975879	1.380
6	119820	1.375
8	1508972	1.370
6	60973	1.365
4	36471	1.360

Price($)	Vol.	No.
1.385	98176	5
1.390	101707	6
1.395	112376	5
1.400	245440	35
1.405	199276	6

Last trade - 16.10pm 06/06/2024 (20 minute delay)


Last $1.38			Change 0.000 ( 0.03 %)
Open	High		Low	Volume
$1.38	$1.39		$1.38	554697
Last updated 15.59pm 06/06/2024 ?

APM (ASX) Chart