MYX will be leverage free 2022 definitely can take on additional debt 2021 on two conditions.
1. EBITDA has increased to at least $180M by FY21
2. Leverage is under 2.5x
Forecasted FY20 leverage is 1.8x & FY21 1.3x
It can, will and should take out debt 2022 if EBITDA is $200M then $500M max is more than fine providing it adds to EBITDA immediately.
Doesnt have to be in the generics business can be in manufacturing and contracting.
CEO Scott Richards - has to go, page-18
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Last
$4.52 |
Change
-0.010(0.22%) |
Mkt cap ! $384.5M | |||
| Open | High | Low | Value | Volume |
| $4.48 | $4.58 | $4.46 | $324.8K | 72.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 434 | $4.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.56 | 4000 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MYX (ASX) Chart |