AusTender for current 6 month period of $7.1m, compared to $5.0m a year ago and $1.1m prior year.
Still holding cautiously. Maybe if they manage to lose all the profits on ShareTrading this half and can't afford a dividend, the ASX should be asked for an opinion as to why they are not classed as an investment entity under the definition of listing rule 19.12. (Investment entities need to report considerably more investment detail, as per rule 4.10.20)
Note also that they need to be careful under rule 12.3 as to holding more than 50% of assets in cash or liquid assets convertible to cash. This can give the ASX cause to delist - particularly if the company does not give guidance to shareholders as to how they intend to invest the funds.
The least undesirable outcome (for me, though perhaps not so for management) is to find they become delisted for holding too much cash!
AusTender for current 6 month period of $7.1m, compared to $5.0m...
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Last
$2.06 |
Change
-0.040(1.90%) |
Mkt cap ! $87.13M | |||
| Open | High | Low | Value | Volume |
| $2.10 | $2.10 | $2.06 | $65.89K | 31.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9637 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.10 | 5911 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HIT (ASX) Chart |