tne's announcement yesterday indicated very good going for a tech company. the announcement indicated a before tax profit of $10 million and 46 medium to large new customers acquired within the financial year.
on top of this:
dept to equity of only 5%
cash in bank - approximately $25 million
have always expensed research and development
have done well in very tricky environment.
If you've followed similar companys recently you'll know the sector is definitely picking up. have a look at myob and reckon for similar companies.
outlook not so bad, page-5
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Last
$18.23 |
Change
0.060(0.33%) |
Mkt cap ! $5.950B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.32 | $18.10 | $6.164M | 338.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1383 | $18.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.23 | 1819 | 32 |
View Market Depth
| Last trade - 14.40pm 17/06/2024 (20 minute delay) ? |
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Last
$18.23 |
Change
0.060 ( 0.07 %) |
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| Open | High | Low | Volume | ||
| $18.19 | $18.32 | $18.12 | 232189 | ||
| Last updated 15.01pm 17/06/2024 ? | |||||
| TNE (ASX) Chart |
