On the last call they stated that the interest rate rise impact for next year would be at least partly negated by the savings on the new funding facilties.
What happened, how are they this far out?
EBITDA flat FY23 to FY24 but close to a 50% drop in NPAT. And that is with no increase in bad debt range.
Suggests dividend for FY24 will be close to 8.5c down from 16.5c
I've been holding SVR for 13 years & this is the biggest miss in my time by far, not happy.
Ann: Market Update and FY24 trading conditions, page-9
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Last
$1.11 |
Change
0.030(2.78%) |
Mkt cap ! $231.2M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.11 | $1.06 | $579.2K | 539.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4552 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 7291 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| SVR (ASX) Chart |