A couple of points from the half year accounts:
a) They have about (net) $24 million cash sitting in the bank - this is silly and demonstrates poor balance sheet management. They should return a substantial portion to shareholders thru either a share buyback or healthy dividend.
b) No details are provided in the accounts for the 53% jump in employee costs for the yoy period. Given their TTV increased only 52%, and they are supposed to be a web-based sales outlet, then to have employee costs rising faster than web-based sales warrants explanation.
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Last
$4.60 |
Change
-0.035(0.76%) |
Mkt cap ! $1.662B | |||
| Open | High | Low | Value | Volume |
| $4.64 | $4.67 | $4.56 | $6.164M | 1.340M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 112 | 28571 | $4.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.60 | 6628 | 12 |
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| Last trade - 14.48pm 29/07/2025 (20 minute delay) ? |
| WEB (ASX) Chart |