Michael,
I share your pain.
I also agree there wont be any share price improvement any time soon.
I just hope they have enough in the bank to keep them going and become cash flow positive - especially now they are "speccing" capex costs for developers.
I reckon INT's WACC (Weighted Average Cost of Capital) is well in the mid teens/ early 20's. That means they need to be getting a really big margin from equipment sales to Hickory (and other developers) if INT is to be able to fund capex for the sake of increasing their billing revenues.
- Forums
- ASX - By Stock
- why after an announcment does the sp drop?
Michael,I share your pain.I also agree there wont be any share...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online