I suspect H2 will not be as good as H1 but expect an increase in cash reserves given the relatively low expenditure on share buyback and only about $2m in dividends. EBIDA should again be positive. The problem is the relatively grim outlook 12 months out.
The processes and technologies lend themselves to many other products including high quality building materials with exceptional insulation qualities. The facility is the best of its type in the world so it's not hard to see a potential suitor being interested in a TO at a bargain price.
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Open | High | Low | Value | Volume |
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1 | 8500 | 0.285 |
1 | 6500 | 0.280 |
1 | 15000 | 0.270 |
1 | 10000 | 0.265 |
Price($) | Vol. | No. |
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0.320 | 3031 | 1 |
0.340 | 3649 | 1 |
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0.360 | 30000 | 1 |
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