I'm still very positive on its generic growth prospects aligned with big cash flow from Tropicana. Think as the HY and FY results roll out investors will see the cash rolling in. I'm not too fussed I am just accumulating and buying a bit every month. Fact of the matter is as it stands right now FY22 revenue will jump 50% to $1.2b - EPS to jump from 27c to 54c - but on the flipside to that ROE and ROA will take a big hit. FCF will be between $275-350m per year for next five years at least. This means funding McPhillamy will not be an issue and can look for another world class asset or be taken over at $8.00
RRL Price at posting:
$2.54 Sentiment: None Disclosure: Held
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