I tend to agree TB. It's business as usual at POS. But cashflow will be tight for a while and CJ will need to be right on top of it. As you say, they could be the last man standing and take advantage of whatever financial support the Feds and WA Govt. decide to provide to keep this sector up and running until the tide turns. Whilst POS MC value looks temporarily defeated, the enterprise value in reality remains solid. I'm expecting the turnaround just to be a bit slower than what most people originally thought/planned. But it will turn imho.
I tend to agree TB. It's business as usual at POS. But...
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $13.31K | 2.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 49621065 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7731916 | 11 |
View Market Depth
| Last trade - 15.22pm 10/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
0.001 ( 12.3 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.5¢ | 1949319 | ||
| Last updated 15.22pm 10/05/2024 ? | |||||
| POS (ASX) Chart |