NUF is not in a "fantastic" position but also quite far from breaching any covenants as the company is structured to accomodate seasonal swings. Unlikely will need to raise more capital but the offset to that is instead of unwiding its debt it will remain stagnant around $1.4B but no cap raising. Its financing costs are in the $50-60M range and a plummeting AUD will cushion earnings. It will be a fascinating FY result in particular in its efficiency strategies (fine tuning European operations, cost cutting, Australian operations etc)
NUF, page-96
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Last
$4.61 |
Change
0.080(1.77%) |
Mkt cap ! $1.762B | |||
| Open | High | Low | Value | Volume |
| $4.55 | $4.63 | $4.55 | $2.876M | 625.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6369 | $4.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.61 | 683 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NUF (ASX) Chart |