This is a very cheap stock.
Misunderstood too. Most of the business is labour hire - the Eastern States businesses have been around for more than 40 years.
The stock is capable of making $20m EBITDA post restructuring under the new MD.
I reckon this will double by the time that full year results are released on 23 August.
Ps Founders own around two thirds of the company.
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $26.63M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $504 | 2.797K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30476 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 34293 | 3 |
View Market Depth
| Last trade - 12.49pm 01/08/2025 (20 minute delay) ? |
| ASH (ASX) Chart |