I probably would have bought back in on the results expect for what I read in Section 6. Receiver appointed to a customer of the finance division. Amount owed $440k which will be recoverable through asset sales, insurance and an agreement with directors to underwrite any shortfall.
It's not sustainable to have the directors underwrite a loss. Any losses need to go through the P&L as they are a normal part of lending money. So my initial view is they are propping up NPAT by under-provisioning
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- Tomorro
I probably would have bought back in on the results expect for...
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $49.11M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 18.0¢ | $4.325K | 22.43K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 15900 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 15900 | 0.175 |
1 | 5800 | 0.170 |
1 | 30000 | 0.100 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 250000 | 1 |
0.210 | 24787 | 1 |
0.220 | 47000 | 2 |
0.255 | 32400 | 1 |
0.300 | 119163 | 1 |
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