It won't be a negative cashflow quarter when viewed from the increase in the cash at bank/invest(excl Fenix) figure as that's projected to increase by around $60mil from $358mil to $418mil but probably $50mil of that increase comes from a decrease in Accounts Receivable balance and other positive working capital movements.
Their net operating surplus after capital expenditure was probably only $10mil for the quarter so it's going to take many quarters to use those carry forward tax losses at 31Dec23 of $114mil.
It won't be a negative cashflow quarter when viewed from the...
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $395.6M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 32.0¢ | $129.5K | 399.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 422048 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 161984 | 7 |
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| MGX (ASX) Chart |