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An announcement from Pentanet Ltd ( (AU:5GG) ) is now available.
Pentanet Ltd’s latest quarterly cash flow report reveals a positive net cash flow from operating activities, amounting to $396,000 for the current quarter. Despite a net cash outflow in investing activities due to payments for property, plant, and equipment, the company maintains a stable financial position with a net increase in cash and cash equivalents for the period, reflecting its ongoing investment in high band 5G spectrum and network infrastructure.
More about Pentanet Ltd
Pentanet Ltd operates in the telecommunications industry, primarily focusing on providing internet services. The company is known for its high-speed internet offerings and is involved in the deployment of advanced network technologies, including 5G spectrum, to enhance connectivity solutions.
Average Trading Volume: 426,889
Technical Sentiment Signal: Sell
Current Market Cap: A$13.86M
See more data about 5GG stock on TipRanks’ Stock Analysis page.