I would love to think a dividend is coming but the existing debt level and now an additional $147m AUD loan facility to buy more planes suggest they need every penny to get the debt level down. I estimate the net debt to equity will be around 70% to 75% once this loan is concluded.
Whilst the ''únderlying'' NPBT has increased, their exclusions OF - QUOTE - ''No underlying adjustment has been made for operational and training expenses incurred inbuilding capacity for FY24'' has, in the past proved to be quite substantial.
I also recollect their prior forecast of FY24 NPBT @ $77m which might now be higher given their recent bullish outlook on demand.
Ann: Profit Guidance, page-4
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AQZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.10 |
Change
0.000(0.00%) |
Mkt cap ! $498.2M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.04 | $379.9K | 123.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5575 | $3.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 2156 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AQZ (ASX) Chart |