Ahead of my mid-winter break for warmer climes, I brazenly bought some shares in this poor quality business today, while waiting for a flight.
And before anyone asks, yes, it is not a good business by any measure, but it is significantly overcapitalised - like FIVE times - relative to its market value. And that it is generating free cash flow even when utilisation rates for its gear is at record lows gives me a n added degree of comfort.
This sort of thing can never be a significant portfolio position, but the return-risk profile looks salivating enough.
Ahead of my mid-winter break for warmer climes, I brazenly...
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Last
$1.29 |
Change
-0.015(1.15%) |
Mkt cap ! $53.24M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.33 | $1.26 | $157.4K | 121.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1367 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 3845 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| BOL (ASX) Chart |