Australia's largest stock trading and investment forum Australia's #1 stock forum

YOW

Click for more information

0.00%

3.1¢ yowie group ltd

wow wow, page-35

First 35 Last

Share
Profile

Follow
Artvandelay01

2,651 Posts.

407

30/05/21

01:06

Post #: 53513233
Share

Originally posted by Peoples Champion: ↑

Was pleased to pick up more shares circa 4c this week - IMO this is one of the biggest free kicks on the ASX at the moment.

We have a company that produced over $3.5m in positive operating cashflow over the last 12 months, trading at a $1.6m discount to its bank balance of $10.3m.

You can then add in the debt free balance sheet, only 218m shares with top 20 holding 64%, $8m USD in off balance sheet tax credits/losses and the major corporate shareholders continuing to increase their holdings (one of which had previously tried to buy the company at 9c/share).

I see very little downside from here (not even currently trading at a shell valuation), and plenty of upside from either corporate transactions or the continued growth in the operating business.

Expand

Agreed, I also snagged a few more at 4c last week when the buy depth disappeared.

Question is, what is Bolton’s next step? YOW does not need US$8 million for working capital so there is either another capital return coming or some some of corporate activity IMO.

Time will tell.

YOW Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 19 more messages in this thread...

First 35 Last

Add YOW (ASX) to my watchlist

(20min delay)
Last 3.1¢		Change 0.000(0.00%)		Mkt cap ! $7.11M

Open	High	Low	Value	Volume
3.1¢	3.1¢	3.1¢	$484	15.62K

Buyers (Bids)

No.	Vol.	Price($)
2	8982	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	33200	1

View Market Depth

No.	Vol.	Price($)
2	8982	0.031
1	797602	0.029
1	100000	0.027
1	43491	0.023
1	250000	0.020

Price($)	Vol.	No.
0.032	33200	1
0.034	74042	2
0.036	333333	1
0.038	300000	2
0.040	139607	2

Last trade - 14.40pm 17/05/2024 (20 minute delay)

YOW (ASX) Chart