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3.33%

3.1¢ yowie group ltd

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

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Artvandelay01

2,651 Posts.

407

30/05/21

01:06

Post #: 53513233
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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.

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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
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(20min delay)
Last 3.1¢		Change 0.001(3.33%)		Mkt cap ! $7.34M

Open	High	Low	Value	Volume
3.0¢	3.2¢	3.0¢	$275	8.891K

Buyers (Bids)

No.	Vol.	Price($)
1	587	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	257240	1

View Market Depth

No.	Vol.	Price($)
1	587	0.031
1	16080	0.030
1	797602	0.029
1	100000	0.027
1	43491	0.023

Price($)	Vol.	No.
0.032	257240	1
0.034	74042	2
0.035	12858	1
0.036	333333	1
0.038	200000	1

Last trade - 15.00pm 21/05/2024 (20 minute delay)


Last 3.2¢			Change 0.001 ( 10.3 %)
Open	High		Low	Volume
3.2¢	3.2¢		3.2¢	2990
Last updated 15.00pm 21/05/2024 ?

YOW (ASX) Chart

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