MHJ 2.59% 59.5¢ michael hill international limited

Ann: FY24 Trading Update, page-6

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  1. 1,107 Posts.
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    And guess what usually happens in the back end of September right around the time they say they will need to draw down an extra $40m from their WC facility.

    I'll let others work out if the intention here is to draw down debt to maintain the dividend. You'd hope they can the dividend until things look a bit brighter. https://hotcopper.com.au/data/attachments/6322/6322038-c3f237bc0439c1628a8854fc1b68b0a1.jpg

    Last edited by bcc_100: 19/07/24
 
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