Pentanet Ltd ( (AU:5GG) ) has shared an update.
Pentanet Ltd’s recent quarterly cash flow report reveals a positive net cash flow from operating activities, amounting to $860,000, indicating a stable operational performance. However, the company reported a negative cash flow from investing activities, mainly due to ongoing investments in high band 5G Spectrum, which may impact short-term liquidity but underscores its commitment to enhancing service capabilities.
More about Pentanet Ltd
Pentanet Ltd operates in the telecommunications industry, focusing on internet services with a specialization in high-speed connectivity solutions. The company is recognized for its involvement in offering advanced internet services utilizing high band 5G Spectrum.
YTD Price Performance: -3.33%
Average Trading Volume: 360,234
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.56M
See more data about 5GG stock on TipRanks’ Stock Analysis page.