AZG 0.00% 3.6¢ allmine group limited

Money,Unfortunately it is not only contracts that iare needed...

  1. 755 Posts.
    Money,

    Unfortunately it is not only contracts that iare needed for a company like AZG, you can have all the contracts in the world, and being a preferred contractor, but it depends how many of these contracts go ahead and what the bottom line is.

    The Last annual and quarterly figures show that the company needs a large cash injection. Looking at the figures there does not seem to be a good enough profit margin, perhaps it would be a good idea to tender for less and only tender for the ones that return a decent profit for shareholders.

    Profits for a company is what drives the SP not ramping.

    Cheers

    Snowy
 
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Currently unlisted public company.

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