What’s everyone’s views on the cash flows for this business? I initially liked this business but recently re analysed the cash flows.
After they pay their suppliers and employees they have very little and even negative net operating cash flow. I noted they also borrowed heavily to pay a big interim dividend recently, otherwise they wouldn’t have been able to pay it at all.
I note they have high ROE and a good management but what are people attracted to in this business? I recently sold out.
What’s everyone’s views on the cash flows for this business? I...
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Last
$3.88 |
Change
-0.170(4.20%) |
Mkt cap ! $185.0M | |||
| Open | High | Low | Value | Volume |
| $4.05 | $4.05 | $3.82 | $650.9K | 165.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2070 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 616 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$3.83 |
Change
-0.170 ( 4.80 %) |
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| Open | High | Low | Volume | ||
| $4.04 | $4.04 | $3.83 | 16146 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| BIS (ASX) Chart |