And the reason you want to reduce debt, if it’s not obvious, is so you don’t keep having to waste your profits on paying the interest. Wiping out the debt makes you even more profitable. Then you can pay better dividends when it’s appropriate and not before. It’s a better long game.
Karoon Coming Milestones, page-53
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Last
$1.74 |
Change
-0.028(1.55%) |
Mkt cap ! $1.403B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.74 | $4.045M | 2.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 148181 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 68550 | 45 |
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| Last trade - 15.38pm 15/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |