OK pardon my ignorance but we have $11.4 mill in the bank. The sale of PEC was meant to be for $15 mill with agreed adjustments for net debt and working capital and a provision of $500k for incentives of PEC employees. Can someone please explain the discrepancy ? I understand that having a considerable cash buffer is good but does anyone think it may act as a disincentive to get this company moving ? We need to generate revenue to grow the business rather than funding through cash reserves.
I haven't run any numbers but I'm guessing we would need about 30% growth in revenue year on year for 2 years to break even. Is this feasible ?
- Forums
- ASX - By Stock
- Ann: Appendix 4E & Annual Report to shareholders
OK pardon my ignorance but we have $11.4 mill in the bank. The...
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EVS (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $99.87M |
Open | High | Low | Value | Volume |
5.3¢ | 5.3¢ | 5.1¢ | $125.4K | 2.416M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 737406 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 46363 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31009 | 0.160 |
1 | 74247 | 0.155 |
10 | 742532 | 0.150 |
7 | 544595 | 0.145 |
4 | 319049 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 126720 | 2 |
0.170 | 625000 | 3 |
0.175 | 120000 | 1 |
0.180 | 68832 | 2 |
0.185 | 140908 | 2 |
Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
EVS (ASX) Chart |