I don't pretend to understand exactly their thinking but it would seem to me that this is the kind of business where a cash buffer is exactly what you want.
That ensures that in the case of a downturn you do not become distressed, and can instead sign up new leases on favourable terms.
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Last
$5.72 |
Change
-0.040(0.69%) |
Mkt cap ! $566.8M | |||
| Open | High | Low | Value | Volume |
| $5.76 | $5.76 | $5.68 | $137.8K | 24.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 332 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.73 | 536 | 2 |
View Market Depth
| Last trade - 14.28pm 21/07/2025 (20 minute delay) ? |
| SRV (ASX) Chart |