for instance, just motive, aurelia and concerto developments are valued at around $440M. they've only put 2/3 of concerto and aurelia under contract and less than half for motive.
it only takes a small lack of sales, a few contract breaks and a minor downward revision on the carrying value to wipe at least $30M off the books!! then we're in a situation with little operating cash and no dividend.
very highly leveraged and dangerous stock in my opinion.
Vote of confidence, page-10
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Last
85.0¢ |
Change
0.010(1.19%) |
Mkt cap ! $217.6M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 85.0¢ | 83.0¢ | $144.1K | 171.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 102481 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 54721 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FRI (ASX) Chart |
