MSV 6.90% 40.5¢ mitchell services limited

Ann: Quarterly Investor Update, page-2

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    Premature jubilation on my part late last week. An ok Quarterly I think. I thought the EBITDA number was going to be around $12.5-13mil but those numbers won't generate until the utilization rate increases. EBITDA margin getting to where it needs to be. Considering where metals and met coal are trading hopefully that won't be far off. That said I'd think the cash returns will be at the upper end of guidance considering the lowered net debt levels. Looking forward to the dividend stream (if not an increased allocation to buy backs).
 
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Last trade - 15.33pm 12/06/2024 (20 minute delay) ?
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