I get $15M market cap and circa $19-20M net cash.
I can't believe they sold such a rubbish business with not great prospects for $19M. Well done to the board.
a bit over $3M paid in fully franked divy
The problem is the mobile business left is ordinary to say the least and in a very competitive environment. The electricity business is not a business at the moment, it's in start up phase. This too is very competitive but lucrative if they can get the contracts and recurring revenue.
Great result from the board so far as they recognized that the core biz was in serious decline and sold it for a great price IMHO. What is left is not great and what I see is a biz with cash higher than market cap but chasing rainbows. Just my view!!
tech co. profits & growth too good to be true?, page-16
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TPC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.20 |
Change
-0.060(0.53%) |
Mkt cap ! $127.0M | |||
| Open | High | Low | Value | Volume |
| $11.30 | $11.30 | $11.18 | $59.25K | 5.292K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $11.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.30 | 679 | 1 |
View Market Depth
| Last trade - 13.37pm 12/07/2024 (20 minute delay) ? |
| TPC (ASX) Chart |